Novavax Inc. Stock Rises Wednesday, Still Underperforms Market

Dow Jones
2024-12-12

DJ Novavax Inc. Stock Rises Wednesday, Still Underperforms Market

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Novavax Inc. $(NVAX)$ inched 0.57% higher to $8.82 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the NASDAQ Composite Index rising 1.77% to 20,034.89 and the Dow Jones Industrial Average falling 0.22% to 44,148.56.

Novavax Inc. closed $15.04 short of its 52-week high ($23.86), which the company reached on June 6th.

The stock outperformed some of its competitors Wednesday, as Johnson & Johnson $(JNJ)$ fell 1.74% to $146.64, Pfizer Inc. $(PFE)$ fell 1.33% to $25.23, and Merck & Co. Inc. $(MRK)$ fell 1.24% to $99.75.

Trading volume (2.0 M) remained 4.0 million below its 50-day average volume of 6.0 M.

Data source: Dow Jones Market Data, FactSet. Data compiled December 11, 2024.

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(END) Dow Jones Newswires

December 11, 2024 17:26 ET (22:26 GMT)

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