Novavax Inc. Stock Slides 3.7%, Underperforms Peers

Dow Jones10-22

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

Shares of Novavax Inc. slid 3.7% to $11.01 on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index rising 1.1% to 26,702.86 and the Dow Jones Industrial Average rising 0.7% to 52,856.09.

Novavax Inc. closed 17.7% below its 52-week high of $13.39, which the company reached on October 5th.

The stock underperformed when compared to some of its peers, as Johnson & Johnson fell 0.6% to $257.78, Pfizer Inc. fell 0.9% to $29.85, and Merck & Co. Inc. rose 1.07% to $149.88.

Trading volume totaled 5.4 million, compared to the 50-day average of 6.7 million.

Data source: Dow Jones Market Data, FactSet

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