Shares of Moderna Inc. MRNA surged 10.52% to $130.95 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the NASDAQ Composite Index COMP rising 1.54% to 13,246.87 and the Dow Jones Industrial Average DJIA falling 0.26% to 32,981.55. The stock’s rise snapped a three-day losing streak. Moderna Inc. closed $58.31 below its 52-week high ($189.26), which the company reached on February 8th.
The stock outperformed some of its competitors Wednesday, as AbbVie Inc. ABBV rose 1.34% to $108.22, Amgen Inc. AMGN fell 0.38% to $248.81, and AstraZeneca PLC ADR AZN fell 0.50% to $49.72. Trading volume (10.0 M) remained 1.1 million below its 50-day average volume of 11.1 M.