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Stock impact report

Is Novavax a Buy Now? [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
The stock soared after the company settled a dispute with a big customer, then sank as it reported lower-than-expected earnings. The vaccine maker has struggled to win over the investment community after entering the coronavirus vaccine market late with its initial vaccine -- and commercializing its updated vaccine after rivals this past fall. The initial late entry meant Novavax missed out on the biggest revenue opportunity, and as a result, the company was forced to reconsider its cost structure. Management launched a cost-cutting plan last year, and on a bright note, the biotech is making progress there. In more positive news, the vaccine maker plans on launching a phase 3 trial this year for its combined coronavirus/flu vaccine, a product that could attract a significant number of users. Today, Novavax trades at a fraction of its price a few years ago, and the company is advancing toward its goals. Does this make the stock a buy? An alternative to mRNA vaccines First, a Show less Read more
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