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Moderna's stock drops 7.4% after mixed Phase 3 results for its cancer vaccine.

Market News
26 Oct 2026, 16:50 WIB
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Bearish
Moderna's stock drops 7.4% after mixed Phase 3 results for its cancer vaccine.

Moderna's stock fell about 7.4% following the release of Phase 3 trial data for its experimental cancer vaccine, intismeran, developed with Merck. The results tempered investor enthusiasm, reflecting that expectations had been very high. Merck's shares remained flat amid the news. This signals a reality check for the vaccine's prospects, though further developments and analyses will be needed to assess its future potential.

Moderna's stock is holding steady with a slight gain of 0.15% at USD 200.40 on Pluang, despite the recent drop noted in the news. Merck's shares are down 0.32% at USD 144.80 as of Oct 26, 2026 21:02 WIB, showing a mild reaction to the vaccine trial results.

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