DJ Novavax Inc. Stock Underperforms Monday When Compared To Competitors
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Shares of Novavax Inc. $(NVAX)$ shed 7.62% to $8.61 Monday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.86% to 42,297.12 and the NASDAQ Composite Index falling 0.38% to 19,088.10.
This was the stock's third consecutive day of losses.
Novavax Inc. closed $15.25 below its 52-week high ($23.86), which the company achieved on June 6th.
The stock underperformed when compared to some of its competitors Monday, as Johnson & Johnson $(JNJ)$ rose 1.70% to $144.47, Pfizer Inc. $(PFE)$ rose 0.30% to $26.80, and Merck & Co. Inc. $(MRK)$ rose 1.74% to $100.98.
Trading volume (5.1 M) eclipsed its 50-day average volume of 4.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled January 13, 2025.
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January 13, 2025 17:35 ET (22:35 GMT)
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