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Why Moderna Stock Is Soaring Today

TheMotleyFool

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Shares of Moderna (NASDAQ: MRNA) were soaring 24.1% higher as of 10:13 a.m. EDT. The big jump came after the biotech announced positive interim data from a phase 1 clinical study of novel coronavirus vaccine candidate mRNA-1273.

People across the world are anxiously awaiting good news from the race to develop a COVID-19 vaccine. Moderna's results were admittedly early, but the company's news was certainly good.

Image source: Getty Images.

Source Fool.com

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