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Moderna Sinks 4% After 18% Plunge as Melanoma Vaccine Selloff Extends; Merck and Pfizer Slip

Source: 247wallst.com

Healthcare & BiotechCorporate EarningsCompany FundamentalsInvestor Sentiment & Positioning
Moderna Sinks 4% After 18% Plunge as Melanoma Vaccine Selloff Extends; Merck and Pfizer Slip

Full late-stage results for Moderna and Merck’s personalized melanoma vaccine were positive, but the figures fell short of the highest expectations built into a prior long rally. Selling continued despite the positive results; the article provides no specific figures or share-price changes.

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