This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Novavax Inc. jumped 11.9% to $6.66 on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index rising 1.1% to 17,928.14 and the Dow Jones Industrial Average rising 0.6% to 41,368.45.
The stock's rise snapped a three-day losing streak.
Novavax Inc. closed 72.1% short of its 52-week high of $23.86, which the company reached on June 6th.
The stock outperformed some of its competitors, as Johnson & Johnson fell 1.0% to $155.66, Pfizer Inc. rose 0.8% to $22.97, and Merck & Co. Inc. fell 1.86% to $77.65.
Trading volume totaled 36.7 million, compared to the 50-day average of 5.7 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
May 08, 2025 16:32 ET (20:32 GMT)
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