New York Times: How Upbeat Vaccine News Fueled a Stock Surge, and an Uproar

New York Times: How Upbeat Vaccine News Fueled a Stock Surge, and an Uproar. “Moderna’s stock price jumped as much as 30 percent. Its announcement helped lift the stock market and was widely reported by news organizations, including The New York Times. Nine hours after its initial news release — and after the markets closed — the company announced a stock offering with the aim of raising more than $1 billion to help bankroll vaccine development. That offering had not been mentioned in Moderna’s briefings of investors and journalists that morning, and the company chairman later said it was decided on only that afternoon.”