Moderna Inc. Stock Rallies 13.1%, Outperforms Peers

Dow Jones05:34

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

Shares of Moderna Inc. climbed 13.1% to $258.38 on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index rising 1.4% to 25,736.51 and the Dow Jones Industrial Average rising 3.0% to 53,356.12.

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

Moderna Inc. hit a new 52-week high, surpassing its previous peak of $254.48, which the company achieved on October 21st.

The stock outperformed some of its peers, as Johnson & Johnson rose 3.8% to $276.32, Pfizer Inc. rose 2.6% to $30.79, and Gilead Sciences Inc. rose 4.19% to $174.48.

Trading volume totaled 14.7 million, compared to the 50-day average of 17.9 million.

Data source: Dow Jones Market Data, FactSet

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