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Moderna shares drop despite positive melanoma vaccine data; SpaceX talks boost tower stocks.

Market News
23 Oct 2026
Seeking Alpha
View Source
Neutral
Moderna shares drop despite positive melanoma vaccine data; SpaceX talks boost tower stocks.

Moderna's shares fell nearly 18% after positive Phase 3 results for its personalized melanoma vaccine with Merck were leaked early, causing market uncertainty despite the promising data. Meanwhile, SpaceX is negotiating with major infrastructure firms like Crown Castle and American Tower to secure at least 80,000 U.S. cell sites, driving their shares up. Wireless carriers AT&T, Verizon, and T-Mobile saw declines amid this news. Kohl's shares surged after receiving a rare Buy rating from an analyst optimistic about holiday sales. These developments highlight shifting investor sentiment across biotech, telecom infrastructure, and retail sectors.

As of Oct 23, 2026 18:02 WIB, Moderna (MRNA) shares are trading at USD 194.71 on Pluang, down 3.91% with 71% of orders being sell. Meanwhile, Crown Castle (CCI) and American Tower (AMT) are up 7.83% and 5.41% respectively, reflecting strong buying interest with 100% buy orders on Pluang. AT&T (T) shares have declined 4.49%, consistent with the sector's downward trend noted in the news.

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