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Moderna stock falls 10% as investors take profits ahead of key cancer vaccine trial data.

Market News
16 Oct 2026
24/7 Wall Street
View Source
Bearish
Moderna stock falls 10% as investors take profits ahead of key cancer vaccine trial data.

Moderna's stock dropped 10% following a strong rally driven by its personalized cancer vaccine progress. The decline is seen as profit taking ahead of a critical late-stage melanoma trial data release expected later this month. Moderna's oncology efforts, particularly the intismeran autogene vaccine combined with Keytruda, have fueled recent gains, with multiple ongoing trials in various cancers. Investors await full data at the European Society for Medical Oncology meeting to confirm earlier positive results, while Moderna's commercial vaccine business remains stable but less of a growth driver.

As of Oct 16, 2026 22:02 WIB, Moderna (MRNA) trades at USD 215.97, down 8.68% on Pluang, retreating from its 52-week high of USD 236.50 but still far above its low of USD 22.36. BioNTech (BNTX) also eased slightly by 1.19% to USD 89.13, closer to its 52-week low of USD 83.89 than its high of USD 119.34. Meanwhile, Pfizer (PFE) remains steady with a modest 0.54% gain at USD 29.60, supported by a dividend yield of 5.84% and a longer typical hold time of 158 days on Pluang.

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