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Why Novavax Stock Is Printing a New All-Time High Today

Why Novavax Stock Is Printing a New All-Time High Today

Shares of Novavax (NASDAQ: NVAX) jumped by as much as 20.7% in pre-market trading Wednesday morning. Novavax's stock is getting yet another boost from its closely watched COVID-19 vaccine candidate known as NVX-CoV2373. While Novavax is a few months behind the leaders in the race to develop a COVID-19 vaccine, this early stage data suggests that the company might have a best-in-class product.