Here's the Only Thing in Novavax's Q1 Update That Investors Cared About
Novavax (NASDAQ: NVAX) shareholders might be a little dizzy. Its share price has experienced half a dozen swings of at least 20% (and sometimes a lot more) so far this year.
That dizziness could now get even worse. Novavax announced its first-quarter results after the market closed on Monday. The biotech stock fell close to 12% in after-hours trading. But there was really only one thing in Novavax's Q1 update that investors cared about.
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Source Fool.com