Moderna shares are trading lower. The company earlier announced Phase 3 mRNA-1083 trial data, which met its primary endpoint.
Portfolio Pulse from Benzinga Newsdesk
Moderna shares are trading lower despite the company announcing that its Phase 3 mRNA-1083 trial met its primary endpoint.

June 10, 2024 | 2:16 pm
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Moderna shares are trading lower despite the company announcing that its Phase 3 mRNA-1083 trial met its primary endpoint.
Despite the positive news of the Phase 3 trial meeting its primary endpoint, the market reaction has been negative, leading to a decline in Moderna's share price. This could be due to various factors such as market expectations, broader market conditions, or profit-taking by investors.
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IMPORTANCE 80
RELEVANCE 100