DJ Novavax Inc. Stock Underperforms Tuesday When Compared To Competitors
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Shares of Novavax Inc. $(NVAX)$ slipped 3.24% to $7.17 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.37% to 43,621.16 and the NASDAQ Composite Index falling 1.35% to 19,026.39.
This was the stock's second consecutive day of losses.
Novavax Inc. closed 69.95% short of its 52-week high of $23.86, which the company reached on June 6th.
The stock underperformed when compared to some of its competitors Tuesday, as Johnson & Johnson $(JNJ)$ rose 1.44% to $166.09, Pfizer Inc. $(PFE)$ rose 0.34% to $26.74, and Merck & Co. Inc. $(MRK)$ rose 0.18% to $91.43.
Trading volume (4.0 M) remained 94,047 below its 50-day average volume of 4.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 25, 2025.
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February 25, 2025 17:30 ET (22:30 GMT)
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