This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Novavax Inc. climbed 18.0% to $8.33 on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index rising 1.6% to 18,847.28 and the Dow Jones Industrial Average rising 1.4% to 43,840.91.
Novavax Inc. closed 65.1% short of its 52-week high of $23.86, which the company reached on June 6th.
The stock outperformed some of its competitors, as Johnson & Johnson rose 0.8% to $165.02, Pfizer Inc. rose 1.3% to $26.43, and Merck & Co. Inc. rose 1.84% to $92.25.
Trading volume totaled 10.5 million, compared to the 50-day average of 4.2 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
February 28, 2025 16:33 ET (21:33 GMT)
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