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via finance.yahoo.comBusiness & Companies

Moderna stock extends decline after leaked data on melanoma vaccine trial

FROM THE WIRE · FINANCE.YAHOO.COM

Moderna (MRNA) stock slid nearly 2% on Friday, extending its decline for a second day, after leaked data over the biotech company's results from a late-stage trial of its personalized melanoma vaccine. The stock fell as much as 26% on Thursday before closing down more than 17%…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishLeaked late-stage trial data wiped over $17 billion of market value from Moderna, which is now trading lower.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Moderna shares fell as much as 26% on Thursday before closing down more than 17%.
  2. 02The leaked data concerns the personalized melanoma vaccine developed with Merck.
  3. 03Full data is scheduled for release on Saturday at the cancer conference in Madrid.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Moderna, Inc.MRNAStock201.55 USD+3.52%today -0.53%Negative Merck & Co., Inc.MRKStock144.30 USD+0.16%today -2.00%Neutral
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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