Novavax Inc. Stock Rallies 5.5%, Outperforms Peers

Dow Jones10-21 04:33

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

Shares of Novavax Inc. rose 5.5% to $11.42 on what proved to be an all-around mixed trading session for the stock market, with the NASDAQ Composite Index remaining mostly unchanged at 26,424.82 and the Dow Jones Industrial Average rising 1.0% to 52,495.88.

The stock's rise snapped a two-day losing streak.

Novavax Inc. closed 14.7% short of its 52-week high of $13.39, which the company reached on October 5th.

The stock outperformed some of its peers, as Johnson & Johnson rose 2.2% to $259.36, Pfizer Inc. rose 2.3% to $30.11, and Merck & Co. Inc. rose 3.25% to $148.30.

Trading volume totaled 6.5 million, compared to the 50-day average of 6.7 million.

Data source: Dow Jones Market Data, FactSet

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