Moderna Inc. Stock Falls 7.4%, Underperforms Competitors

Dow Jones
02-28

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

Shares of Moderna Inc. slid 7.4% to $31.09 on what proved to be an all-around poor trading session for the stock market, with the NASDAQ Composite Index falling 2.8% to 18,544.42 and Dow Jones Industrial Average falling 0.4% to 43,239.50.

Moderna Inc. closed 81.8% short of its 52-week high of $170.47, which the company reached on May 24th.

The stock underperformed when compared to some of its competitors, as Johnson & Johnson rose 0.4% to $163.73, Pfizer Inc. fell 1.2% to $26.10, and Gilead Sciences Inc. rose 1.39% to $111.99.

Trading volume totaled 9.8 million, compared to the 50-day average of 11.6 million.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

February 27, 2025 16:34 ET (21:34 GMT)

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