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Why Moderna Stock Jumped Today

TheMotleyFool

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Why Moderna Stock Jumped TodayPhoto, wide shot, wide-angle lens, Clinical research organization, sunset photo at golden hour, photo by Peter Lik: https://img.midjourneyapi.xyz/temp/02f7778c-d723-4fb3-bdef-fabb7e5fc9c8.png

Shares of Moderna (NASDAQ: MRNA) rose by 6.5% on Thursday after the biotech said it had collected enough data from the phase 3 study of its experimental COVID-19 vaccine to trigger an interim analysis.

Moderna said enough people in its clinical trial had contracted COVID-19 for the independent Data Safety Monitoring Board (DSMB) to begin a review of the effectiveness of its coronavirus vaccine candidate, mRNA-1273.

Moderna's stock climbed on Thursday as investors looked ahead to a potentially positive outcome for its phase 3 trial of mRNA-1273. Image source: Getty Images.

Source Fool.com

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