Why Did Moderna Stock Rise 12%?

Moderna headquarters, exterior view, Cambridge, Massachusetts, USA. (Photo by: Plexi ... [+] Images/GHI/UCG/Universal Images Group via Getty Images)UCG/Universal Images Group via Getty ImagesThe stock price of Moderna saw a 12% jump on Tuesday, January 7, amid rising cases of Covid-19 and flu in the U.S. Along with Moderna, stocks of other vaccine makers also saw an uptick. Novavax was up 11%, while BioNTech ADR was up 5%. According to the CDC, influenza’s test positivity rate increased from 13.6% for the w ...