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July 23, 2021, 10:03 a.m. EDT

Moderna's stock jumps after announcing its COVID-19 shot is nearing authorization for teens in Europe

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By Jaimy Lee

Shares of Moderna Inc. /zigman2/quotes/205619834/composite MRNA -5.38% gained 4.7% in trading on Friday after the company said that European regulators recommended authorizing its COVID-19 vaccine for teens as young as 12 years old. The European Medicines Agency's Committee for Medicinal Products for Human Use issued the recommendation; next up will be the final decision from the European Commission. Moderna's shot has not yet been authorized for teens in the U.S. The company's shares have soared 223.2% so far this year, while the S&P 500 /zigman2/quotes/210599714/realtime SPX +0.15% is up 16.3%.

/zigman2/quotes/205619834/composite
US : U.S.: Nasdaq
$ 430.14
-24.46 -5.38%
Volume: 12.98M
Sept. 24, 2021 4:00p
P/E Ratio
53.70
Dividend Yield
N/A
Market Cap
$173.62 billion
Rev. per Employee
$617,996
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/zigman2/quotes/210599714/realtime
US : S&P US
4,455.48
+6.50 +0.15%
Volume: 1.69B
Sept. 24, 2021 5:05p
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