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Benzinga
Benzinga
Business
Chandrima Sanyal

Merck, Moderna Cancer Vaccine Breakthrough Could Be Catalyst the mRNA ETF Trade Has Been Waiting For

Moderna MRNA Merck Cancer ETF Vaccine Moderna Inc Nasdaq Covid-19
Two irregular red cells

Moderna Inc.’s (NASDAQ:MRNA) latest cancer-vaccine breakthrough could be doing more than sending its stock sharply higher. It may be giving investors a reason to revisit an mRNA investment thesis that has largely been defined by COVID-19. ETFs tied to precision medicine names are also getting a boost.

• Moderna stock is at critical resistance. Why are MRNA shares at highs?

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