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HomeMarketsModerna Inc. stock falls Monday, underperforms market

Moderna Inc. stock falls Monday, underperforms market

Shares of Moderna Inc.
MRNA,
-3.17%

slipped 5.21% to $161.91 Monday, on what proved to be an all-around dismal trading session for the stock market, with the NASDAQ Composite Index
COMP,
-0.92%

falling 0.98% to 13,914.77 and Dow Jones Industrial Average
DJIA,
-0.75%

falling 0.36% to 34,077.63. Moderna Inc. closed $27.35 short of its 52-week high ($189.26), which the company reached on February 8th.

The stock underperformed when compared to some of its competitors Monday, as AbbVie Inc.
ABBV,
+0.39%

rose 0.65% to $108.61, Amgen Inc.
AMGN,
+1.24%

rose 0.10% to $255.97, and AstraZeneca PLC ADR
AZN,
+1.24%

rose 1.75% to $51.63. Trading volume (9.1 M) eclipsed its 50-day average volume of 9.0 M.

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