Moderna shares plunge around 25% amid reported cancer-vaccine data leak
CNBC reports fuller trial data came out later Thursday and appeared positive relative to Wall Street expectations.
TLDR
The Wall Street Journal put Moderna’s intraday drop at around 25% on Oct. 22 after cancer-vaccine study details circulated on social media. Barron’s reported that an Oncology Central article was pulled before the information spread online. CNBC later reported that fuller Phase 3 results had been released Thursday and appeared positive relative to Wall Street expectations. Its reported risk reductions concern certain melanoma patients, not all cancers.
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