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12/13/2022, 5:45 PM (Source: TeleTrader)
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Merck+0.02%

128.87
Chart for: Merck & Co Inc

Moderna+3.15%

96.97
Chart for: Moderna

Moderna soars 22% on cancer vaccine breakthrough

The shares of Moderna Inc. skyrocketed more than 22% on Tuesday following the news that its collaboration with Merck on developing a cancer vaccine delivered encouraging results.

The companies said earlier today that Moderna's cancer vaccine decreased the risks of relapse or death by 44% when combined with Merck's Keytruda immunotherapy.

At 11:43 am ET, Moderna's stock jumped 22.62% to $202.33 apiece, rebounding to its highest levels since January.

Baha Breaking News (BBN) / ND