ET Moderna’s Vaccine News Bolsters Markets: Live Business Updates RIGHT NOW Pandemic response: Flights are cut, while retailers tighten restrictions. Moderna’s shares, of course, rose on the news — jumping about 8 percent in early trading. In Pfizer and BioNTech’s case in particular, Moderna’s vaccine candidate has a potentially big competitive advantage because it doesn’t have to be stored at the extremely cold temperature. But stock markets were rising again on Monday, encouraged by news that Moderna’s vaccine for the virus appears to be highly effective. Monday was the first day its Trade Refresh project, an update to its equity market trading platform, went live.

Source: International New York Times November 16, 2020 11:26 UTC