Novavax Inc. Stock Falls 5.5%, Underperforms Competitors

Dow Jones
03-04

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

Shares of Novavax Inc. slipped 5.5% to $7.87 on what proved to be an all-around dismal trading session for the stock market, with the NASDAQ Composite Index falling 2.6% to 18,350.19 and Dow Jones Industrial Average falling 1.5% to 43,191.24.

Novavax Inc. closed 67.0% below its 52-week high of $23.86, which the company reached on June 6th.

The stock underperformed when compared to some of its competitors, as Johnson & Johnson rose 1.4% to $167.28, Pfizer Inc. fell 0.7% to $26.25, and Merck & Co. Inc. rose 0.98% to $93.15.

Trading volume totaled 6.1 million, compared to the 50-day average of 4.4 million.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

March 03, 2025 16:35 ET (21:35 GMT)

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