Why Moderna Trounced the Market on Thursday

Motley Fool2021-09-03

The company is clearly determined to win regulatory authorization for its coronavirus vaccine booster. What happened Hardly for the first time since the rise of the COVID delta variant, star ...

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Comments

Inthebag
2021-09-04
Inthebag
Lol
cynn
2021-09-03
cynn
Ok
FU5591
2021-09-03
FU5591
oh
- Huathk:
  Gd
- BlueHi5:
  Comment
Angsana
2021-09-03
Angsana
Like
- Angsana:
  ok
- nana99:
  Okay
wintomoon
2021-09-03
wintomoon
Wow
Kc48
2021-09-03
Kc48
Wow
- wintomoon:
  Wow

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On positive if not astounding news, the biotech's stock finished with a gain of just under 2% on the day, against the index's marginal improvement.\nSo what\nThe main stock-moving news item for Moderna over the past day seems to be its latest submission to the Food and Drug Administration (FDA).\nSpecifically, thebiotechfiled the initial data on booster doses of its mRNA-1273 coronavirus vaccine after market hours on Wednesday. In doing so, it added that it aims to repeat the feat with other regulators around the world in a matter of days. This list includes the European Medicines Agency (EMA), which covers the sprawling, 27-country European Union.\n\"We will continue to generate data and transparently share to support governments and regulators as they make evidence-based decisions regarding future vaccination strategies,\" Moderna quoted its CEO Stéphane Bancel as saying.\nLike the Comirnaty coronavirus jab developed by Pfizer and BioNTech, mRNA-1273 is a two-shot vaccine. 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