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Is Novavax Stock a Buy Now?


Biotech company (NASDAQ: NVAX) went from being relatively unknown just four years ago to becoming one of the U.S. COVID-19 vaccine market leaders. The company has faced many trials and tribulations in this period, however. And in the past three years, the stock is down by a whopping 94%.

If Novavax can mount a comeback, now may be as good a time as any to press the buy button while its shares are changing hands for just about $5.46 apiece.

Or perhaps Novavax hasn't hit rock bottom yet and will continue to see its share price plunge. Which scenario is more likely? Let's dig in and find out.

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Source Fool.com

Novavax Inc. Stock

€11.31
-25.340%
Novavax Inc. took a tumble today and lost -€3.846 (-25.340%).
Our community is currently high on Novavax Inc. with 4 Buy predictions and 1 Sell predictions.
With a target price of 22 € there is a hugely positive potential of 94.52% for Novavax Inc. compared to the current price of 11.31 €.
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