Vaccine Stocks Slide After Novavax Shot Proves Highly Effective - Yahoo Finance
Jun 14, 2021 19 secs
Novavax now has “a viable alternative to mRNA vaccines,” like Pfizer and BioNTech or Moderna’s shots, an analyst at Jefferies said.

But with Novavax up 91% so far this year and after a more than 2,700% leap in 2020, it wasn’t enough to further bolster shares.

Biotech stocks often climb ahead of highly watched catalysts, only to give back gains even after a positive update.


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