Why Moderna Stock Is Jumping Today

Why Moderna Stock Is Jumping Today

What happened Shares of Moderna (NASDAQ: MRNA) were jumping 5.9% higher as of 11:36 a.m. EST on Wednesday. The nice gain came after the biotech announced that the European Commission approved an agreement to secure 80 million doses of Moderna's COVID-19 vaccine mRNA-1273 with an option to purchase up to 160 million doses.