Wall Street goes high after Moderna announcement of its COVOD-19 vaccine

Shares of the biotech were at $ 99.05 10 minutes after the start of operations on Wall Street

The American biotech company Moderna soared this Monday, November 16, on the stock market, gaining almost 11 % in the opening of markets.

After announcing that the vaccine it is developing against the coronavirus has an effectiveness of 94.5 % and meets the efficacy criteria required for its commercialization.

Moderna’s shares, which are listed on the Nasdaq in New York, stood at $ 99.05 10 minutes after the start of trading on Wall Street, a rise of 10.81 %.

The titles momentarily surpassed the barrier of 100 dollars in the initial minutes of the session, to later begin to stabilize somewhat below.

In a statement, Moderna explained that its vaccine against Covid-19 met the criteria established in the protocol to study its efficacy and that it will present the documentation for final approval in the coming days.

Source: ElSumario

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