Moderna stock on track for 10% weekly gain after US bird flu death
Wed, Jan 8, 2025 9:23 PM

Moderna stock on track for 10% weekly gain after US bird flu death

A Flip by Shubhangi Gupta
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Moderna stock has seen big swings this week after the first reported bird flu death in the US, which has put its development of a vaccine in focus. The stock jumped over 10% on Tuesday before reversing course and losing over 6% early Wednesday. In July 2024, Moderna was awarded $176 million from the US government to advance the development of its mRNA H5N1 (bird flu) vaccine.

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