Novavax, Inc. (NVAX) Stock on a Rally, Here’s the Reason
Novavax, Inc. (NVAX), a biotechnology company, has surged 9.51% in the premarket trading session. As a result, NVAX stock is trading at $237.98 at the time of the writing. On Friday, NVAX stock closed the day at $217.32 after soaring 11.49% during the regular trading session. The consistent surge has come after the company’s COVID […]
Novavax Inc. (NVAX) Provides a great investment opportunity but bears a caveat
The United States lifted its ban on exporting an ingredient critical for producing the COVID-19 vaccine last week. Novavax Inc. (NASDAQ: NVAX), a biotechnology company impacted by this decision, can now ramp up production. U.S. officials have used the Defense Production Act to prevent the export of vital raw materials needed for manufacturing COVID-19 vaccines […]