Overnight: Moderna Stock Price Took a Steep Drop After FDA Rejected MRNA-Based Flu Shot Late Tuesday
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Overnight: Moderna Stock Price Took a Steep Drop After FDA Rejected MRNA-Based Flu Shot Late Tuesday

Moderna stock tumbled 10.5 percent in pre-market trading early Wednesday morning, after the Food and Drug Administration rejected the drug giant's application for an experimental flu vaccine using mRNA technology. Currently, only COVID-19 vaccines use mRNA (messenger Ribonucleic Acid) technology. Health and Human Services director Robert F. Kennedy Jr. has...