Novavax Inc. Stock Outperforms Market On Strong Trading Day
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Shares of Novavax Inc. (NVAX) surged 11.25% to $12.26 Monday, on what proved to be an all-around mixed trading session for the stock market, with the NASDAQ Composite Index rising 0.63% to 10,635.65 and the Dow Jones Industrial Average falling 0.34% to 33,517.65. Novavax Inc. closed $125.40 short of its 52-week high ($137.66), which the company reached on January 10th.
The stock outperformed some of its competitors Monday, as Johnson & Johnson (JNJ) fell 2.59% to $175.58, Pfizer Inc. (PFE) fell 4.97% to $48.39, and Merck & Co. Inc. (MRK) fell 3.88% to $110.38. Trading volume (12.3 M) eclipsed its 50-day average volume of 6.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 9, 2023.
(END) Dow Jones Newswires
January 09, 2023 17:14 ET (22:14 GMT)
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