Novavax Inc. Stock Slips 7.3%, Underperforms Competitors

Dow Jones
02-25

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

Shares of Novavax Inc. shed 7.3% to $7.41 on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.1% to 43,461.21 and the NASDAQ Composite Index falling 1.2% to 19,286.92.

Novavax Inc. closed 68.9% short of its 52-week high of $23.86, which the company achieved on June 6th.

The stock underperformed when compared to some of its competitors, as Johnson & Johnson rose 0.9% to $163.74, Pfizer Inc. rose 1.3% to $26.65, and Merck & Co. Inc. rose 1.98% to $91.27.

Trading volume totaled 6.5 million, compared to the 50-day average of 4.0 million.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

February 24, 2025 16:33 ET (21:33 GMT)

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