Stock Track | Moderna Soars 5.04% Intraday as Vaccine Advisers Drop Plan to Question mRNA COVID Shots

Stock Track

03/11

Moderna, Inc. (MRNA) saw its stock price surge 5.04% during intraday trading on Wednesday.

The sharp rise follows reports that a key U.S. federal vaccine advisory panel has abandoned a push to potentially stop recommending mRNA COVID-19 vaccines. The panel, under Health and Human Services Secretary Robert F. Kennedy Jr., is no longer moving forward with the plan, according to the Washington Post.

This development removes a significant regulatory overhang for Moderna, a leading producer of mRNA vaccines. The news suggests continued institutional support for the technology, which is central to the company's business model.

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(MRNA) saw its stock price surge 5.04% during intraday trading on Wednesday.</p><p>The sharp rise follows reports that a key U.S. federal vaccine advisory panel has abandoned a push to potentially stop recommending mRNA COVID-19 vaccines. The panel, under Health and Human Services Secretary Robert F. Kennedy Jr., is no longer moving forward with the plan, according to the Washington Post.</p><p>This development removes a significant regulatory overhang for Moderna, a leading producer of mRNA vaccines. 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