Moderna Inc. stock underperforms Thursday when compared to competitors

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Shares of Moderna Inc. MRNA, -1.01% slipped 1.02% to $70.03 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index COMP, +1.42% rising 1.42% to 11,326.51 and the Dow Jones Industrial Average DJIA, +0.12% rising 0.13% to 27,816.90. Moderna Inc. closed $25.18 below its 52-week high ($95.21), which the company reached on July 17th.

The stock underperformed when compared to some of its competitors Thursday, as AbbVie Inc. ABBV, -0.51% fell 0.51% to $87.14 and Amgen Inc. AMGN, +0.48% rose 0.48% to $255.39. Trading volume (6.8 M) remained 6.9 million below its 50-day average volume of 13.7 M.

Reprinted from marketwatch, the copyright all reserved by the original author.

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