Why Several Coronavirus Vaccine Stocks Not Named Moderna Fell Today

Why Several Coronavirus Vaccine Stocks Not Named Moderna Fell Today

Moderna (NASDAQ: MRNA) announced the publication of positive results from a phase 1 study of its COVID-19 vaccine candidate mRNA-1273 late Tuesday. Shares of BioNTech (NASDAQ: BNTX) and Inovio (NASDAQ: INO) were down 5.4% and 6.1%, respectively, as of 3:35 p.m. EDT on Wednesday. IMV (NASDAQ: IMV) stock was down 6.9%.