Is It Time to Throw in the Towel on Novavax?
Last month, I went out on a limb with a prediction about Novavax (NASDAQ: NVAX). I was right -- and wrong.
On Dec. 14, I wrote that Novavax stock could "soar 20% or more within the next 20 days." Within three days, shares jumped 29%. My prediction came true in a spectacular fashion.
But I can't claim the mantle of Nostradamus. Since then, Novavax gave up all of those gains and then some. The stock is now down nearly 20% instead of up 20%.
Source Fool.com