Moderna Inc. Stock Slips 3.4%, Underperforms Peers

Dow Jones11-14 05:35

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

Shares of Moderna Inc. shed 3.4% to $223.37 on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.1% to 52,347.55 and the NASDAQ Composite Index falling 0.9% to 25,136.27.

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

Moderna Inc. closed 20.5% short of its 52-week high of $280.80, which the company reached on November 9th.

The stock underperformed when compared to some of its peers, as Johnson & Johnson rose 0.8% to $285.75, Pfizer Inc. rose 0.2% to $28.89, and Gilead Sciences Inc. rose 0.08% to $168.08.

Trading volume totaled 8.0 million, compared to the 50-day average of 15.9 million.

Data source: Dow Jones Market Data, FactSet

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