Stock Market News – Novavax Inc. stock falls Wednesday, underperforms market
Shares of Novavax Inc.
shed 3.91% to $171.77 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average
rising 0.05% to 33,446.26 and the NASDAQ Composite Index
falling 0.07% to 13,688.84. Novavax Inc. closed $159.91 short of its 52-week high ($331.68), which the company achieved on February 9th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Replimune Group Inc.
fell 3.96% to $29.38, VBI Vaccines Inc.
fell 3.05% to $2.86, and AnaptysBio Inc.
fell 1.44% to $21.26. Trading volume (1.9 M) remained 2.7 million below its 50-day average volume of 4.6 M.