Shares of Moderna Inc. rose 7.81% to $455.92 Thursday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index falling 0.25% to 15,248.25 and Dow Jones Industrial Average falling 0.43% to 34,879.38. Moderna Inc. closed $41.57 short of its 52-week high ($497.49), which the company achieved on August 10th.
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The stock outperformed some of its competitors Thursday, as AbbVie Inc. fell 2.80% to $107.27, Amgen Inc. fell 2.40% to $215.58, and AstraZeneca PLC ADR fell 1.37% to $56.29. Trading volume (22.1 M) eclipsed its 50-day average volume of 19.4 M.