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via finance.yahoo.comBusiness & Companies

Moderna extends decline after leaked late-stage melanoma vaccine trial data

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 trial data on a key vaccine study wiped over $17 billion of market value.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Moderna stock slid nearly 2% after a prior-day drop of more than 17%.
  2. 02Leaked late-stage melanoma trial figures failed to impress Wall Street.
  3. 03Full data is scheduled for release Saturday at the Madrid cancer conference.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Moderna, Inc.MRNAStock202.48 USD+1.95%today -0.08%Negative Merck & Co., Inc.MRKStock144.97 USD+0.92%today -1.55%Neutral
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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