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Stock impact report

1 Beaten-Down Stock That's Still Not Worth Buying [Yahoo! Finance]

Novavax, Inc. (NVAX) 
Last novavax, inc. earnings: 3/11 04:17 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.novavax.com/investor-relations
Company Research Source: Yahoo! Finance
That can often be after a company gets put through the wringer and the stock declines substantially. However, sometimes it's not worth investing in a company no matter how much its shares fall. Case in point: Novavax (NASDAQ: NVAX) is a biotech stock down by 97% over the past three years, yet the stock still doesn't look attractive. Read on to find out why. Novavax's coronavirus efforts fell short Novavax deserves some praise. Among the many biotechs that attempted to develop and market effective coronavirus vaccines, it is one of the few that succeeded. However, there is much more to the story. Novavax's drug candidate earned authorization where it arguably matters most, in the U.S., in mid-2022. But it encountered manufacturing problems that significantly delayed the launch of its product. By 2023, even the most successful companies in this market, such as Pfizer and Moderna , were losing steam due to the predicted decline in the COVID-19 vaccine market. Novavax encountered Show less Read more
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