Moderna Inc. Stock Advances 8.9%, Outperforms Peers

Dow Jones08-22 04:33

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

Shares of Moderna Inc. rose 8.9% to $145.13 on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index rising 0.4% to 26,180.45 and the Dow Jones Industrial Average rising 1.0% to 53,277.01.

Moderna Inc. closed 17.8% below its 52-week high of $176.66, which the company reached on August 19th.

The stock outperformed some of its peers, as Johnson & Johnson rose 1.1% to $270.24, Pfizer Inc. rose 1.0% to $28.07, and Gilead Sciences Inc. rose 1.87% to $146.12.

Trading volume totaled 86.7 million, compared to the 50-day average of 13.0 million.

Data source: Dow Jones Market Data, FactSet

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