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Moderna stock rallies after FDA OKs booster shot of COVID-19 vaccine for most at-risk adults

Moderna stock rallies after FDA OKs booster shot of COVID-19 vaccine for most at-risk adults

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Shares of Moderna Inc. MRNA, +1.58% ran up 3.4% in premarket trading Friday, after the Food and Drug Administration authorized a third shot of COVID-19 vaccines from Moderna and Pfizer-BioNTech for immunocompromised adults. The booster shot will be for people who have undergone organ transplants, who are undergoing chemotherapy and those taking chronic medications that can suppress immune systems.

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