Novavax retreats as plague-outbreak fears recede
-9.87% to $11.32 from $12.56
What moved NVAX
- Novavax shares fell after World Health Organization officials characterized the risk of a wider plague outbreak as low, a day after the stock had jumped roughly 20% on outbreak speculation.
- The move followed reports of a plague-related death at a Russian laboratory that had stoked speculation about potential new vaccine demand.
- Novavax remained up nearly 20% over the trailing three months despite the pullback.
Sources: 24/7 Wall St. · Yahoo Finance