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Stock impact report

Strong week for Vaxart (NASDAQ:VXRT) shareholders doesn't alleviate pain of three-year loss [Yahoo! Finance]

Vaxart, Inc. (VXRT) 
Last vaxart, inc. earnings: 3/19 04:01 pm Check Earnings Report
Company Research Source: Yahoo! Finance
NASDAQ:VXRT ) shareholders should be happy to see the share price up 10% in the last week. But that is meagre solace in the face of the shocking decline over three years. The share price has sunk like a leaky ship, down 89% in that time. So we're relieved for long term holders to see a bit of uplift. The thing to think about is whether the business has really turned around. While a drop like that is definitely a body blow, money isn't as important as health and happiness. On a more encouraging note the company has added US$11m to its market cap in just the last 7 days, so let's see if we can determine what's driven the three-year loss for shareholders. With just US$2,055,000 worth of revenue in twelve months, we don't think the market considers Vaxart to have proven its business plan. You have to wonder why venture capitalists aren't funding it. So it seems shareholders are too busy dreaming about the progress to come than dwelling on the current (lack of) revenue. It seems likely Show less Read more
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