This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Novavax Inc. rocketed 20.1% to $12.56 on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index rising 1.1% to 27,477.31 and the Dow Jones Industrial Average rising 0.2% to 51,267.90.
The stock's rise snapped a three-day losing streak.
Novavax Inc. hit a new 52-week high, surpassing its previous peak of $11.97, which the company achieved on February 26th.
The stock outperformed some of its peers, as Johnson & Johnson fell 1.2% to $252.93, Pfizer Inc. fell 1.4% to $27.41, and Merck & Co. Inc. fell 3.30% to $139.54.
Trading volume totaled 28.4 million, compared to the 50-day average of 4.8 million.
Data source: Dow Jones Market Data, FactSet