Movement Alert｜Moderna, Inc. Overnight Decline 3.18%, Melanoma Vaccine Data Leak Fallout Continues to Weigh on Sentiment

Market Focus10-26 08:40

On October 26, Moderna, Inc. fell 3.18% Overnight, trading at $193.74 per share, with turnover of $3.6777 million.

The move was linked to continued market digestion of the leaked phase 3 data tied to Moderna, Inc. and Merck's personalized melanoma vaccine program, which has kept pressure on investor sentiment.

Circulating details indicated the therapy reduced recurrence risk by 42% and distant metastasis risk by 38%, below earlier trial figures of 49% and 59%. That has raised concern that the formal full readout may struggle to deliver another meaningful upside surprise. Options positioning has also turned more cautious, with longer-dated bull call spreads concentrated around $210 to $222.5, while out-of-the-money $260 calls were reportedly sold for premium income, suggesting a restrained view of upside.

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