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Market Update on this NASDAQ-Listed Biotechnology Stock – Novavax Inc

Mar 02, 2023 | Team Kalkine
Market Update on this NASDAQ-Listed Biotechnology Stock – Novavax Inc

Company Profile:

Novavax, Inc., a biotechnology company, engages in the discovery, development, and commercialization of various vaccines to prevent serious infectious diseases. The company's recombinant technology platform harnesses the power and speed of genetic engineering to produce immunogenic nanoparticles designed to address urgent global health needs. The company is also evaluating its COVID-19-Influenza Combination vaccine candidate, its quadrivalent influenza investigational vaccine candidate, and an Omicron strain-based vaccine, as well as a bivalent format Omicron-based/original strain-based vaccine.

Summary Table

Stock Price Chart and Technical Summary

Markets are trading in a highly volatile zone currently due to certain macroeconomic and geopolitical tensions prevailing. Therefore, it is prudent to follow a cautious approach while investing.

Note 1: Past performance is not a reliable indicator of future performance.

Note 2: The reference date for all price data, currency, technical indicators, support, and resistance levels is February 16, 2022. The reference data in this report has been partly sourced from REFINITIV.


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