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Moderna shares jump 7% ahead of key melanoma vaccine data presentation in Madrid

Market News
20 Oct 2026
24/7 Wall Street
View Source
Bullish
Moderna shares jump 7% ahead of key melanoma vaccine data presentation in Madrid

Moderna's stock surged 7% as investors anticipate the release of late-stage melanoma vaccine data at the European Society for Medical Oncology congress in Madrid on October 24. The data involves a combination of Moderna's intismeran autogene and Merck's Keytruda, which previously showed promising results in reducing recurrence risk. Moderna's small revenue base means the trial results could cause significant stock volatility. The company and partner Merck will present detailed findings, followed by a Moderna investor webcast, with the market closely watching for confirmation of earlier positive outcomes.

Moderna's stock is up 6.19% on Pluang as of Oct 21, 2026 01:02 WIB, trading at USD 240.94. Bristol-Myers Squibb shares have risen 4.86% to USD 61.69, while Pfizer is up 2.72% at USD 30.24. The market shows strong buying interest in Moderna with 66% of orders as buys, contrasting with Bristol-Myers Squibb's 100% sell orders.

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