Novavax Inc. Stock Outperforms Market On Strong Trading Day
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Shares of Novavax Inc. (NVAX) rose 3.20% to $11.92 Monday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index rising 2.01% to 11,364.41 and the Dow Jones Industrial Average rising 0.76% to 33,629.56. The stock's rise snapped a two-day losing streak. Novavax Inc. closed $89.47 below its 52-week high ($101.39), which the company achieved on February 7th.
The stock outperformed some of its competitors Monday, as Johnson & Johnson (JNJ) fell 0.25% to $168.31, Pfizer Inc. (PFE) fell 0.29% to $44.98, and Merck & Co. Inc. (MRK) fell 0.05% to $109.88. Trading volume (7.7 M) eclipsed its 50-day average volume of 7.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 23, 2023.
(END) Dow Jones Newswires
January 23, 2023 17:15 ET (22:15 GMT)
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