Novavax Inc. shares underperform on Monday compared to competitors

Shares in Novavax Inc.

rose 11.80% to $ 245.09 on Monday, on what turned out to be an all-round mixed trading session for the stock market, with the Dow Jones Industrial Average
+ 0.09%

rising 0.09% to 31,521.69 and the NASDAQ Composite Index

decreases 2.46% to 13,533.05. Novavax Inc. closed $ 86.59 below its 52-week high ($ 331.68), which the company reached on February 9th.

The stock underperformed some of its competitors on Monday, such as Stampede Drilling Inc.

remained unchanged. The trading volume (3.5 million) was 1.3 million below the average volume of 50 days of 4.8 million.

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