TOP TIERMARKET NEWSWIRE
Movers explained · 2026-10-23

Archived explainer. For the current picture see today's MRNA page.

Why Is MODERNA INC (MRNA) Stock Down Today?

By the Top Tier Newswire AI Desk · October 23, 2026 at 12:03 AM ET · reviewed against 50 wire stories

MODERNA INC (MRNA) is down -17.57% in the latest session. Our newswire has captured 50 stories on MRNA across 24 sources in the last 36 hours, with AI sentiment reading bearish (avg 37/100).

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Moderna shares fell 17.57% to $202.63, marking the company's worst week in three months. The primary driver was a leak of Phase 3 cancer vaccine data that failed to meet elevated Wall Street expectations, despite showing a 42% reduction in melanoma recurrence or death risk.

What Happened

The stock decline followed the premature release of trial results for Intismeran Autogene, a personalized mRNA cancer therapy developed with Merck. The data indicated that the combination of Intismeran and Keytruda cut the risk of melanoma recurrence or death by 42%. While the results were positive, analysts noted that the figures did not exceed the lofty expectations set by the market. Mizuho analyst Jared Holz stated that the drop reflected a high bar rather than bad data, describing the stock as a do-not-trade due to wild swings. The company is scheduled to present the full data at a conference on Saturday.

What The Data Shows

Moderna has a market capitalization of $96.6 billion and remains unprofitable, with a trailing twelve-month EPS of -8.01 and revenue down 27.6%. The stock's beta is 1.09, and it trades within a 52-week range of $22.28 to $254.48. On October 22, 2026, the stock printed one fresh 52-week high and 48 fresh 52-week lows. Unusual options activity over the last 36 hours included 75 notable prints, with put premium of $120.0 million exceeding call premium of $81.7 million. The largest single print was $22.4 million. Insider filings show five sells totaling $62.6 million in the last 90 days, with no buys. Recent sales include shares by President Stephen Hoge and CFO James M. Mock.

What To Watch

Investors will monitor the official presentation of the Phase 3 melanoma trial data scheduled for Saturday. The stock has moved 6.3% lower over the last eight sessions, falling from $216.25 to $202.63. Coverage breadth remains high, with 50 stories from 24 sources in the last 36 hours.

AI-assisted analysis composed exclusively from headlines and data on the Top Tier newswire. Public view is delayed 4 hours from real time. Not financial advice.

MRNA by the numbers

Last: $202.63Session: -17.57%7 sessions: -10.96%Coverage: 50 stories / 24 sourcesAI sentiment: 37/100 (bearish)Mkt cap: $96.6B52w: $22.28 to $254.48
MRNA · Oct 23 session (5-min) · -0.64% vs prior close · updated 8:29 PM ET
$188$198$208prev close $202.63$201.347:00 AM10:13 AM1:27 PM4:41 PM7:55 PM7:00 AM · $195.207:05 AM · $195.557:10 AM · $196.657:15 AM · $195.197:20 AM · $196.157:25 AM · $195.007:30 AM · $195.007:35 AM · $195.727:40 AM · $195.387:45 AM · $196.207:50 AM · $196.007:55 AM · $196.008:00 AM · $195.508:05 AM · $195.398:10 AM · $194.838:15 AM · $194.718:20 AM · $195.008:25 AM · $194.888:30 AM · $194.288:35 AM · $194.708:40 AM · $193.808:45 AM · $193.608:50 AM · $193.808:55 AM · $192.509:00 AM · $191.509:05 AM · $192.909:10 AM · $192.189:15 AM · $193.019:20 AM · $193.009:25 AM · $196.199:30 AM · $188.699:35 AM · $190.379:40 AM · $197.509:45 AM · $199.529:50 AM · $197.639:55 AM · $198.0110:00 AM · $203.1210:05 AM · $200.5910:10 AM · $199.5510:15 AM · $198.7210:20 AM · $199.1410:25 AM · $198.9710:30 AM · $200.1310:35 AM · $199.1310:40 AM · $200.0210:45 AM · $200.2010:50 AM · $201.1610:55 AM · $203.2611:00 AM · $200.1311:05 AM · $200.9311:10 AM · $201.3111:15 AM · $201.6711:20 AM · $203.1811:25 AM · $202.7711:30 AM · $202.3011:35 AM · $202.8911:40 AM · $203.0011:45 AM · $205.1311:50 AM · $204.8911:55 AM · $206.1012:00 PM · $204.6012:05 PM · $205.3912:10 PM · $205.0412:15 PM · $205.9312:20 PM · $205.2012:25 PM · $205.6212:30 PM · $205.8912:35 PM · $206.0712:40 PM · $206.4912:45 PM · $206.0912:50 PM · $203.6912:55 PM · $205.001:00 PM · $203.381:05 PM · $203.221:10 PM · $202.991:15 PM · $202.561:20 PM · $203.511:25 PM · $204.051:30 PM · $203.851:35 PM · $203.861:40 PM · $203.811:45 PM · $203.571:50 PM · $203.611:55 PM · $202.472:00 PM · $201.122:05 PM · $200.982:10 PM · $201.462:15 PM · $201.032:20 PM · $200.852:25 PM · $200.152:30 PM · $199.372:35 PM · $199.052:40 PM · $199.272:45 PM · $199.282:50 PM · $198.712:55 PM · $199.193:00 PM · $199.313:05 PM · $199.303:10 PM · $199.583:15 PM · $198.073:20 PM · $197.643:25 PM · $197.823:30 PM · $197.673:35 PM · $198.543:40 PM · $199.283:45 PM · $198.613:50 PM · $198.453:55 PM · $200.054:00 PM · $200.294:05 PM · $200.304:10 PM · $200.364:15 PM · $200.474:20 PM · $200.484:25 PM · $200.454:30 PM · $200.404:35 PM · $200.404:40 PM · $200.404:45 PM · $200.404:50 PM · $200.404:55 PM · $200.465:00 PM · $200.605:05 PM · $200.805:10 PM · $200.975:15 PM · $201.105:20 PM · $201.005:25 PM · $201.045:30 PM · $201.085:35 PM · $201.175:40 PM · $201.495:45 PM · $201.525:50 PM · $201.535:55 PM · $201.006:00 PM · $201.056:05 PM · $201.086:10 PM · $201.066:15 PM · $201.406:20 PM · $201.406:25 PM · $201.266:30 PM · $201.286:35 PM · $201.106:40 PM · $201.156:45 PM · $201.086:50 PM · $201.086:55 PM · $201.107:00 PM · $201.187:05 PM · $201.327:10 PM · $201.107:15 PM · $201.127:20 PM · $201.097:25 PM · $201.137:30 PM · $201.327:35 PM · $201.087:40 PM · $201.307:45 PM · $201.237:50 PM · $201.327:55 PM · $201.34
AI sentiment, last 36h · averaged over 50 stories · 37/100 bearish
AI sentiment 37/100 (bearish)0 · bearish50bullish · 100

The headlines behind the move

Story flow · 8 stories on the wire, last 36h · hover or tap a dot for the headline
36h ago24h ago12h agopublishMorningstar · sentiment 22 · Dow Jones Top Company Headlines at 5 PM ET: Moderna's Stock Plummets After Cancer-Vaccine Data Shared on Social Media | American ...Morningstar · 22Dow Jones Top Company Headlines at 5 PM ET: Moderna's Stock Plummets After Cancer-Vaccine…Financial Times · sentiment 34 · Moderna shares sink after leaked cancer data missed expectationsFinancial Times · 34Moderna shares sink after leaked cancer data missed expectationsCNBC · sentiment 52 · Mizuho's Jared Holz: Moderna drop reflects high bar, not bad dataCNBC · 52Mizuho's Jared Holz: Moderna drop reflects high bar, not bad dataMorningstar · sentiment 22 · Dow Jones Top Company Headlines at 7 PM ET: Moderna's Stock Plummets After Cancer-Vaccine Data Shared on Social Media | American ...Morningstar · 22Dow Jones Top Company Headlines at 7 PM ET: Moderna's Stock Plummets After Cancer-Vaccine…Stocktwits News · sentiment 38 · Nasdaq 100 Clocks Worst Day In Four Months As Investors Grow Weary Of Capex, Elevated Debt — META, SPCX, BE, MRNA In FocusStocktwits News · 38Nasdaq 100 Clocks Worst Day In Four Months As Investors Grow Weary Of Capex, Elevated Deb…Morningstar · sentiment 50 · Dow Jones Top Company Headlines at 9 PM ET: SK Hynix Shelves Plans for U.S. Listing of Memory-Chip Unit Solidigm | Moderna's ...Morningstar · 50Dow Jones Top Company Headlines at 9 PM ET: SK Hynix Shelves Plans for U.S. Listing of Me…Stocktwits News · sentiment 34 · MRNA Stock’s Vaccine Rally Cracks As Worst Week In 3 Months Looms — Analyst Calls It A ‘Do-Not-Trade’ Over Wild SwingsStocktwits News · 34MRNA Stock’s Vaccine Rally Cracks As Worst Week In 3 Months Looms — Analyst Calls It A ‘D…Morningstar · sentiment 42 · Dow Jones Top Company Headlines at 11 PM ET: SK Hynix Shelves Memory-Chip Unit U.S. IPO Plan on Market Jitters | Moderna's ...Morningstar · 42Dow Jones Top Company Headlines at 11 PM ET: SK Hynix Shelves Memory-Chip Unit U.S. IPO P…
1d agoMorningstarBEARISH 42General

Dow Jones Top Company Headlines at 11 PM ET: SK Hynix Shelves Memory-Chip Unit U.S. IPO Plan on Market Jitters | Moderna's ...

The company now expects full-year adjusted earnings of between $3.10 and $3.40 a share after reporting a profit of $250.3 million, driven by demand for the company's on-site power solutions.

1d agoStocktwits NewsBEARISH 34Analyst

MRNA Stock’s Vaccine Rally Cracks As Worst Week In 3 Months Looms — Analyst Calls It A ‘Do-Not-Trade’ Over Wild Swings

Mizuho analyst Jared Holz said the vaccine data weren’t bad, but Wall Street’s expectations were too high.

1d agoMorningstarNEUTRAL 50General

Dow Jones Top Company Headlines at 9 PM ET: SK Hynix Shelves Plans for U.S. Listing of Memory-Chip Unit Solidigm | Moderna's ...

The company now expects full-year adjusted earnings of between $3.10 and $3.40 a share after reporting a profit of $250.3 million, driven by demand for the company's on-site power solutions.

1d agoStocktwits NewsBEARISH 38General

Nasdaq 100 Clocks Worst Day In Four Months As Investors Grow Weary Of Capex, Elevated Debt — META, SPCX, BE, MRNA In Focus

Meta’s plan to boost capex reignited investor concerns as more tech firms look to raise debt to fund AI growth.

1d agoMorningstarBEARISH 22Earnings

Dow Jones Top Company Headlines at 7 PM ET: Moderna's Stock Plummets After Cancer-Vaccine Data Shared on Social Media | American ...

The company now expects full-year adjusted earnings of between $3.10 and $3.40 a share after reporting a profit of $250.3 million, driven by demand for the company's on-site power solutions.

1d agoCNBCNEUTRAL 52Analyst

Mizuho's Jared Holz: Moderna drop reflects high bar, not bad data

Jared Holz, Mizuho healthcare sector specialist, joins 'Fast Money' to talk the drop in Moderna's stock following new cancer vaccine data.

1d agoFinancial TimesBEARISH 34Earnings

Moderna shares sink after leaked cancer data missed expectations

Melanoma vaccine treatment cut risk of recurrence or death by 58% but failed to exceed Wall Street’s lofty expectations

1d agoMorningstarBEARISH 22Earnings

Dow Jones Top Company Headlines at 5 PM ET: Moderna's Stock Plummets After Cancer-Vaccine Data Shared on Social Media | American ...

The company now expects full-year adjusted earnings of between $3.10 and $3.40 a share after reporting a profit of $250.3 million, driven by demand for the company's on-site power solutions.

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More on MRNA: full news and sentiment history. Sentiment scores are AI-derived research signals, not financial advice.

Earlier MRNA move explainers: 2026-10-23 · 2026-10-16 · 2026-10-12 · 2026-10-09 · 2026-10-06 · 2026-09-30 · 2026-09-25 · 2026-09-24 · 2026-09-22 · 2026-09-21 · 2026-09-11 · 2026-09-02 · 2026-09-01 · 2026-08-27 · 2026-08-26 · 2026-08-25 · 2026-08-24 · 2026-08-21 · 2026-08-20 · 2026-08-19