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Moderna, Appian Lead Nasdaq to Record Highs

Moderna, Appian Lead Nasdaq to Record Highs

The Nasdaq Composite (NASDAQINDEX: ^IXIC) had to deal with something on Tuesday that it hasn't encountered much in 2020: standing on the sidelines and watching other major market benchmarks hit new record highs. Shares of Moderna were higher by 11% on Wednesday. The European Commission agreed to buy 80 million doses of Moderna's vaccine, with an option to buy up to 160 million doses.