Moderna Vaccine Trial: How Upbeat Coronavirus Information Fueled a Inventory Surge

When the biotech firm Moderna introduced early on Monday morning optimistic outcomes from a small, preliminary trial of its coronavirus vaccine, the corporate’s chief medical officer described the information as a “triumphant day for us.” Moderna’s inventory value jumped as a lot as 30 %. Its announcement helped raise the inventory market and was extensively reported by information organizations, together with The New York Occasions. 9 hours after its preliminary information launch — and after the markets closed — the corporate introduced a inventory providing with the purpose of elevating…

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