Moderna Shares Dip With FDA Vote Putting COVID Vaccine Plan to Test
Moderna shares slipped at the open on the Nasdaq Thursday. Investors watched as a U.S. Food and Drug Administration advisory committee met to discuss what might be next for COVID-19 vaccines. The stock dropped around 2.6% to $46.39, trailing both the iShares Nasdaq Biotechnology ETF, which was steady, and the SPDR S&P Biotech ETF, off about 0.6%. Pfizer was close to flat. BioNTech slid roughly 1.3%.