NasdaqGS:NVAXBiotechs
Is Novavax A Bargain After Its 94.3% Five Year Share Price Collapse?
Wondering if Novavax at around $6.80 is a bargain or a value trap? You are not alone, and that is exactly what we are going to unpack here.
The stock has nudged up about 4.1% over the last week and 2.6% over the last month, but those short term gains still sit against a much tougher backdrop, with the share price down around 20.7% year to date and 94.3% over five years.
Recent moves have been shaped by shifting market sentiment around the long term demand for Novavax's COVID related products...