Moderna set to join S&P 500, stock rallies 8%
July 15, 2021 at 17:51 PM EDT
Moderna Inc., a biotechnology company catapulted to notoriety after it produced a highly effective COVID-19 vaccine, is set to join the S&P 500 index, a seal of approval that will put the stock in countless index-tracking and actively managed funds and retirement accounts.
