What We’re Seeing From The Stock
As the flu epidemic gets worse, Novavax investors continue to get more and more excited. After all, their NanoFlu product could prove to be a massive financial for the company and all involved. With the takeover speculation and excitement surrounding NanoFlu, it’s no surprise to see that the stock is making a run for the top. As is almost always the case, our partners at Trade Ideas were the first to alert us to the gains. Currently (1:33), NVAX is trading at $2.07 per share after a gain of $0.19 per share or 10.11% thus far today.
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What We’ll Be Watching For Ahead
Moving forward, the CNA Finance team will continue to keep a close eye on NVAX. In particular, we’re interested in following the data surrounding NanoFlu and any insinuation of a takeover in the works. Nonetheless, we’ll continue to follow the story closely and bring the news to you as it breaks!