Moderna falls as social media posts flag potential cancer vaccine data leak

Merck & Co

Today 18:31

** Shares of Moderna MRNA.O fall 24% to $187.40
** Several posts on social media, including Reddit and X, noted a potential leak of late-stage data of cancer vaccine developed with Merck MRK.N
** Detailed data from the Moderna-Merck cancer vaccine trial is due at the ESMO Congress on October 24
** Earlier this month, Moderna joined the Nasdaq 100 index to replace Warner Bros Discovery
** 6 of 25 brokerages rate Moderna's stock "buy" or higher, 15 rate it "hold" and four rate it "sell" or lower; their median price target is $130 - LSEG

 (Reporting by Mrinalika Roy in Bengaluru)
 ((mrinalika.roy@thomsonreuters.com))