New York testing vaccine patient RIDE New York

Novavax covid vaccine results send investors on wild ride, shares rally 3,800%

Reading now: 627
www.livemint.com

NEW YORK : Novavax Inc. shares saw huge swings in extended trading as investors took a critical eye to early data on its experimental vaccine for Covid-19 following a 3,800% rally in the stock this year.The shares briefly fell as much as 34% postmarket on Tuesday, before paring the decline.

In trading before regular hours Wednesday, they were up 21%.The two-injection regimen when administered concurrently with Novavax’s immune-boosting technology generated antibody responses that were four times higher than those seen in people who had recovered from the disease.

Some of the healthy adults in the study experienced side effects including fever, headache and fatigue.Confusion over the vaccine’s safety data arose after a media report.

Read more on livemint.com
The website covid-19.rehab is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA