This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Novavax Inc. shed 9.9% to $11.32 on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index rising 0.4% to 27,599.79 and the Dow Jones Industrial Average rising 0.5% to 51,521.28.
Novavax Inc. closed 15.4% below its 52-week high of $13.39, which the company achieved on October 5th.
The stock underperformed when compared to some of its peers, as Johnson & Johnson rose 0.7% to $254.78, Pfizer Inc. rose 0.3% to $27.50, and Merck & Co. Inc. rose 1.72% to $141.94.
Trading volume totaled 19.3 million, compared to the 50-day average of 5.3 million.
Data source: Dow Jones Market Data, FactSet