StockWatch: Moderna Jumps Over 8%!

Shares of Moderna jumped over 8% to a record closing high ahead of its upcoming earnings announcement.

Moderna stated that the FDA granted fast track designation for its vaccine candidate against a respiratory syncytial virus.

General Motors missed Wall Street’s earnings expectations for the second quarter despite a record operating profit.

GM shares were down by as much as 9.8% during intraday and it was the company’s worst daily loss by percentage since the beginning of the coronavirus pandemic.

Timestamps:

• MRNA 02:00
• GM 03:15

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