Moderna Inc. Stock Slips 4.6%, Underperforms Peers

Dow Jones08-28 04:34

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

Shares of Moderna Inc. slid 4.6% to $142.77 on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index rising 1.6% to 26,541.35 and the Dow Jones Industrial Average rising 0.2% to 53,569.44.

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

Moderna Inc. closed 19.2% short of its 52-week high of $176.66, which the company reached on August 19th.

The stock underperformed when compared to some of its peers, as Johnson & Johnson fell 1.6% to $265.77, Pfizer Inc. fell 1.0% to $28.02, and Gilead Sciences Inc. rose 0.52% to $148.86.

Trading volume totaled 24.9 million, compared to the 50-day average of 16.4 million.

Data source: Dow Jones Market Data, FactSet

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