Novavax Inc. Stock Underperforms Wednesday When Compared To Competitors

Dow Jones12-19

DJ Novavax Inc. Stock Underperforms Wednesday When Compared To Competitors

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

Shares of Novavax Inc. $(NVAX)$ slipped 4.11% to $8.63 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the NASDAQ Composite Index falling 3.56% to 19,392.69 and Dow Jones Industrial Average falling 2.58% to 42,326.87.

This was the stock's second consecutive day of losses.

Novavax Inc. closed $15.23 short of its 52-week high ($23.86), which the company reached on June 6th.

The stock underperformed when compared to some of its competitors Wednesday, as Johnson & Johnson $(JNJ)$ fell 1.13% to $144.75, Pfizer Inc. $(PFE)$ fell 2.04% to $25.89, and Merck & Co. Inc. $(MRK)$ fell 1.72% to $98.34.

Trading volume (3.8 M) remained 1.6 million below its 50-day average volume of 5.4 M.

Data source: Dow Jones Market Data, FactSet. Data compiled December 18, 2024.

This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.

(END) Dow Jones Newswires

December 18, 2024 17:26 ET (22:26 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

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Stock Underperforms Wednesday When Compared To Competitors\n\n\n  This article was automatically generated by MarketWatch using technology from Automated Insights. \n\n\n     Shares of Novavax Inc. $(NVAX)$ slipped 4.11% to $8.63 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the NASDAQ Composite Index  falling 3.56% to 19,392.69 and Dow Jones Industrial Average  falling 2.58% to 42,326.87. \n\n\n     This was the stock's second consecutive day of losses. \n\n\n     Novavax Inc. closed $15.23 short of its 52-week high ($23.86), which the company reached on June 6th. \n\n\n     The stock underperformed when compared to some of its competitors Wednesday, as Johnson & Johnson $(JNJ)$ fell 1.13% to $144.75, Pfizer Inc. $(PFE)$ fell 2.04% to $25.89, and Merck & Co. 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