February 28, 2023

Moderna Inc. stock falls Monday, underperforms market

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Shares of Moderna Inc. slipped 0.71% to $138.27 Monday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index rising 0.63% to 11,466.98 and the Dow Jones Industrial Average rising 0.22% to 32,889.09. This was the stock’s seventh consecutive day of losses. Moderna Inc. closed $78.98 short of its 52-week high ($217.25), which the company reached on December 14th.

The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Johnson & Johnson fell 0.22% to $155.63 and Pfizer Inc. fell 2.32% to $40.78. Trading volume (4.9 M) remained 348,623 below its 50-day average volume of 5.3 M.

Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.

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