This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Novavax Inc. rose 6.2% to $8.94 on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index rising 0.4% to 26,180.45 and the Dow Jones Industrial Average rising 1.0% to 53,277.01.
Novavax Inc. closed 25.3% short of its 52-week high of $11.97, which the company reached on February 26th.
The stock outperformed some of its peers, as Johnson & Johnson rose 1.1% to $270.24, Pfizer Inc. rose 1.0% to $28.07, and Merck & Co. Inc. rose 2.39% to $152.55.
Trading volume totaled 10.4 million, compared to the 50-day average of 3.8 million.
Data source: Dow Jones Market Data, FactSet