Moderna Shares Jump 5% as NASDAQ 100 Inclusion Takes Effect

Key Facts

1Moderna stock rose 5% to $207.80 after its addition to the NASDAQ 100 index took effect.

Moderna stock rose 5% to $207.80 after its addition to the NASDAQ 100 index took effect. Reuters reported that the climb was driven by technical demand and the prestige associated with joining the index, which triggered significant buying from index-tracking funds.

Moderna closed at $197 on October 8, 2026, prior to this rally, while peer Pfizer (PFE) closed at $27.82 on the same date. According to analyst findings, the move reflects the company's evolving identity from a COVID-19 vaccine maker to a growth-oriented biotech firm with an expanding oncology pipeline.