Why Moderna Tanked, MSG Employees Duped By Their Boss, The Mansion Section | Diet TBPN

Moderna’s cancer vaccine data leak and the market’s reaction drove the episode’s main business story. The hosts explained that the company’s phase 3 trial did succeed, but the results came in below the market’s expectations: a 42% reduction in relative risk of cancer recurrence or death versus Keytruda alone, not the 49% seen in earlier data. The stock fell sharply after embargoed results leaked before the planned presentation, because investors had been hoping for a bigger beat.

The discussion then turned to a bizarre trading side story involving Shane Stoffer, better known as Togei, who appears to have flipped from calls to puts just before the plunge. The hosts framed his move as a mix of dreams, social chatter, and luck, with Togei claiming he was scared the stock would pump again before he could short it.

The rest of the episode covered a Trump claim that Sundar Pichai talked him out of renaming the Atlantic Ocean, Joe Lonsdale using Grok for parenting advice, an MSNBC-style cyber prank at Madison Square Garden involving fake championship ring emails, a Quest Diagnostics hack, and a Wall Street Journal profile of a 147-acre Alaska compound listed for $12.5 million.