Novavax Inc. Stock Outperforms Market On Strong Trading Day
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Shares of Novavax Inc. (NVAX) rallied 5.76% to $10.28 Friday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index falling 0.11% to 10,466.48 and Dow Jones Industrial Average falling 0.22% to 33,147.25. This was the stock's third consecutive day of gains. Novavax Inc. closed $146.53 below its 52-week high ($156.81), which the company reached on December 31st.
The stock outperformed some of its competitors Friday, as Johnson & Johnson (JNJ) fell 0.51% to $176.65, Pfizer Inc. (PFE) fell 0.18% to $51.24, and Merck & Co. Inc. (MRK) rose 0.12% to $110.95. Trading volume (6.3 M) remained 29,353 below its 50-day average volume of 6.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 30, 2022.
(END) Dow Jones Newswires
December 30, 2022 17:14 ET (22:14 GMT)
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