Moderna Inc. stock rises Monday, outperforms market

Moderna Inc. stock rises Monday, outperforms market

Shares of Moderna Inc. MRNA, +4.56% rallied 4.56% to $71.95 Monday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index COMP, +2.32% rising 2.32% to 11,332.49 and the Dow Jones Industrial Average DJIA, +1.68% rising 1.68% to 28,148.64. The stock’s rise snapped a two-day losing streak. Moderna Inc. closed $23.26 below its 52-week high ($95.21), which the company achieved on July 17th.

The stock outperformed some of its competitors Monday, as AbbVie Inc. ABBV, +2.10% rose 2.10% to $87.93 and Amgen Inc. AMGN, +4.31% rose 4.32% to $256.01. Trading volume (6.3 M) remained 7.1 million below its 50-day average volume of 13.4 M.

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