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MarketBeat
MarketBeat
Business
Chris Markoch

Short Squeeze Alert—Moderna Stock Surges on New Strategy

Shares of Moderna (NASDAQ: MRNA) are behaving like it's 2020. The stock is up nearly 20% since the company’s Science Day event.

At that time, Moderna revealed its strategy for using mRNA to combat cancer and rare diseases. It’s a move beyond vaccines, and investors seem to like it.

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