alt Hacker Newsthe stock is up 150% because if Moderna has indeed cured cancer, the stock is worth many magnitudes more than that. It's presumably based on the probability this report is indeed as promising as it is at face value. If Moderna had announced "we are 100% sure cancer is cured" the stock would've gone up much more
Nobody is talking about curing cancer here.
These are patients who had melanoma surgically removed, and IF the unpublished data of phase 3 turn out to be true... you are looking at having improved survival rates after 2 to 3 years on 5 to 10% plus of the patients. That is ALL this still unknown announcement MIGHT mean.