NEW YORK, NY / ACCESSWIRE / February 27, 2018 / U.S. markets rose for the third consecutive session on Monday on the strength of technology shares. The Dow Jones Industrial Average spiked 1.58 percent to close at 25,709.27 while the S&P 500 Index jumped 1.18 percent to close at 2,779.60. The Nasdaq Composite Index increased 1.15 percent to close at 7,421.46. The Dow and the S&P 500 are now just down 3.4 percent and 3.25 percent, respectively, from their all-time high, while the Nasdaq is just 1.1 percent shy from its peak, according to WSJ Market Data Group.

RDI Initiates Coverage on:

Achillion Pharmaceuticals, Inc.
https://rdinvesting.com/news/?ticker=ACHN

Novavax, Inc.
https://rdinvesting.com/news/?ticker=NVAX

Achillion Pharmaceuticals' stock jumped 15.40% Monday, to close the day at $3.41. The stock recorded a trading volume of 645,142 shares, which was above its three months average volume of 2,522,998 shares. In the last year, Achillion Pharmaceuticals' shares have traded in a range of 2.58 - 5.66. The share price has gained 32.17% from its 52 week low. The company's shares are currently trading below their 200-day moving average. The stock's 50-day moving average of $2.91 is below its 200-day moving average of $3.67. Shares of Achillion Pharmaceuticals have gained roughly 20.07 percent in the past month and are up 18.04 percent year-to-date.

Access RDI's Achillion Pharmaceuticals, Inc. Research Report at:
https://rdinvesting.com/news/?ticker=ACHN

On Monday, shares of Novavax recorded a trading volume of 6,799,756 shares, which was below the three months average volume of 10,873,065 shares. The stock ended the day 0.86% higher at 2.35. The share price has gained 152.69% from its 52-week low with a 52-week trading range of 0.93 - 2.60. The company's shares are currently trading above their 200-day moving average. The stock's 50-day moving average of $2.02 is greater than its 200-day moving average of $1.38. Shares of Novavax have gained roughly 12.44 percent in the past month and are up 89.52 percent year-to-date.

Access RDI's Novavax, Inc. Research Report at:
https://rdinvesting.com/news/?ticker=NVAX

Our Actionable Research on Achillion Pharmaceuticals, Inc. (NASDAQ:ACHN) and Novavax, Inc. (NASDAQ:NVAX) can be downloaded free of charge at Research Driven Investing.

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SOURCE: RDInvesting.com