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Benzinga
Benzinga
Business
Evette Mitkov

Moderna Stock Is Moving Higher Tuesday: Here's Why

Moderna MRNA Covid-19 CDC
Augsburg,,Bavaria,,Germany,-,March,21,,2021:,Vials,With,The

Moderna, Inc. (NASDAQ:MRNA) shares are up nearly 5% on Tuesday after the company announced positive preliminary immunogenicity data for its 2025-2026 Spikevax formula, which targets the new LP.8.1 variant of COVID-19.

What Happened: The Phase 4 clinical trial that’s currently underway — covering the safety, tolerability and immunogenicity of the 2025-2026 Spikevax formula — showed positive results.

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