Novavax Inc. Stock Outperforms Market On Strong Trading Day
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Shares of Novavax Inc. (NVAX) inched 0.32% higher to $12.48 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index falling 1.24% to 10,957.01 and Dow Jones Industrial Average falling 1.81% to 33,296.96. This was the stock's third consecutive day of gains. Novavax Inc. closed $91.09 short of its 52-week high ($103.57), which the company achieved on January 19th.
The stock outperformed some of its competitors Wednesday, as Johnson & Johnson (JNJ) fell 1.51% to $169.76, Pfizer Inc. (PFE) fell 2.34% to $45.00, and Merck & Co. Inc. (MRK) fell 1.50% to $108.79. Trading volume (6.5 M) remained 389,356 below its 50-day average volume of 6.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 18, 2023.
(END) Dow Jones Newswires
January 18, 2023 17:14 ET (22:14 GMT)
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