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Shares of Novavax Inc. (NVAX) rallied 6.60% to $17.61 Monday, on what proved to be an all-around rough trading session for the stock market, with the NASDAQ Composite Index falling 1.93% to 11,239.94 and Dow Jones Industrial Average falling 1.40% to 33,947.10. Novavax Inc. closed $218.89 below its 52-week high ($236.50), which the company achieved on December 20th.
The stock outperformed some of its competitors Monday, as Johnson & Johnson (JNJ) fell 0.06% to $178.78, Pfizer Inc. (PFE) fell 0.35% to $50.73, and Merck & Co. Inc. (MRK) fell 0.03% to $110.01. Trading volume (6.8 M) eclipsed its 50-day average volume of 5.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 5, 2022.
(END) Dow Jones Newswires
December 05, 2022 17:24 ET (22:24 GMT)
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