Why Novavax Stock Slipped Thursday

Motley Fool2021-09-10

(Update: Sept 10, 2021 at 04:14 a.m. ET) Authorization of the company's COVID-19 vaccine in India appears to have hit a speed bump. Key Points A report stated that the Indian government has ...

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Comments

W00dy
2021-09-11
W00dy
Like pls, thanks
- PickleT68:
  Ok ok
bernardtayet
2021-09-11
bernardtayet
It is a knee jerk response. The stock holds great potential. Monitor n accumulate.
Deonc
2021-09-11
Deonc
ok
- Deonc:
  done. tq
- hpt:
  Ok
- Deonc:
  ???
FrickL
2021-09-11
FrickL
Oh oh….
lewisleeks
2021-09-11
lewisleeks
[Surprised] [Surprised]
CYKuan
2021-09-11
CYKuan
Novavax is one of the important and safer vaccine with less long term genetic side effect as compared to other mRNA vaccines available. For sure the stock price will rocket when it get approved in the near future in several big country
- CYKuan:
  plan, monitor and execute??
- Frosty4ever:
  tempting to buy more

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The decline came following a report by The Economic Times that the Indian government has requested additional data from Novavax's partner, Serum Institute of India (SII), for COVID-19 vaccine candidate NVX-CoV2373 (which is called Covovax in India).\nSo what\nSII filed for Emergency Use Authorization (EUA) in India for Covovax in August. This submission was based on data from international clinical studies. An official with the country's drug regulatory agency has asked for data from a clinical trial of the vaccine conducted in India, according toThe Economic Times article.\nThe problem is that SII likely won't be able to submit data from the clinical studies of Covovax in India until next month. SII CEO Adar Poonawalla stated in August that his organization hoped that the COVID-19 vaccine would be launched in India in October for adults and in the first quarter of 2022 for children. That timeline will now be pushed back.\nThis delay isn't a huge blow for Novavax, as evidenced by the relatively small drop in thevaccine stock. The company's biggest opportunities are in developed markets including the U.S. and Europe.\nNow what\nNovavax expects to file for EUA for NVX-CoV2373 in the United Kingdom within the next few weeks. That filing should be quickly followed by submissions in Australia, New Zealand, and the European Union. The company remains on track to file for U.S. EUA in the fourth quarter of 2021.\nNovavax fell over 2% in premarket trading.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":881587248,"gmtCreate":1631364533184,"gmtModify":1676530535968,"author":{"id":"4089162592476240","authorId":"4089162592476240","name":"W00dy","avatar":"https://static.itradeup.com/news/df8231d59d89ca8b2731ac18704461b6","vip":1,"crmLevel":3,"crmLevelSwitch":0,"authorIdStr":"4089162592476240","idStr":"4089162592476240"},"htmlText":"Like pls, thanks","listText":"Like pls, thanks","text":"Like pls, thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/881587248","repostId":1158877090,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5832944,"gmtCreate":1631369416368,"gmtModify":1663233732036,"authorId":3581915827887523,"author":{"id":3581915827887523,"idStr":"3581915827887523","authorId":3581915827887523,"name":"PickleT68","avatar":"https://static.tigerbbs.com/8fce28b8d12bdeb2997c5098f8b8e413","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":881587248,"type":1,"supId":0,"prevId":0,"content":"Ok ok","text":"Ok ok","html":"Ok ok"}],"langContent":"EN"},{"id":881259089,"gmtCreate":1631348890441,"gmtModify":1676530534016,"author":{"id":"3583377018896117","authorId":"3583377018896117","name":"bernardtayet","avatar":"https://static.tigerbbs.com/43e8c1fc37a4bff2a94af98953cff267","vip":1,"crmLevel":5,"crmLevelSwitch":1,"authorIdStr":"3583377018896117","idStr":"3583377018896117"},"htmlText":"It is a knee jerk response. The stock holds great potential. Monitor n accumulate.&nbsp;","listText":"It is a knee jerk response. The stock holds great potential. Monitor n accumulate.&nbsp;","text":"It is a knee jerk response. The stock holds great potential. Monitor n accumulate.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/881259089","repostId":1158877090,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":881298628,"gmtCreate":1631339556564,"gmtModify":1676530532606,"author":{"id":"3569316529855154","authorId":"3569316529855154","name":"Deonc","avatar":"https://static.tigerbbs.com/d9aa45dd2eb58357f6477dcfb99d1415","vip":1,"crmLevel":3,"crmLevelSwitch":1,"authorIdStr":"3569316529855154","idStr":"3569316529855154"},"htmlText":"ok","listText":"ok","text":"ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/881298628","repostId":1158877090,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5841184,"gmtCreate":1631435855765,"gmtModify":1663233767534,"authorId":3569316529855154,"author":{"id":3569316529855154,"idStr":"3569316529855154","authorId":3569316529855154,"name":"Deonc","avatar":"https://static.tigerbbs.com/d9aa45dd2eb58357f6477dcfb99d1415","vip":1,"crmLevel":3,"crmLevelSwitch":1,"individualDisplayBadges":[{"badgeId":"9427a906234c4b18a82ec3d7730b7fa8-1","templateUuid":"9427a906234c4b18a82ec3d7730b7fa8","name":"Star 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<u>tq</u>"},{"id":5841085,"gmtCreate":1631434667851,"gmtModify":1663233765737,"authorId":3579759306103275,"author":{"id":3579759306103275,"idStr":"3579759306103275","authorId":3579759306103275,"name":"hpt","avatar":"https://static.tigerbbs.com/986ef7c951112f7be64cfd5d6c1672c5","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":881298628,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"},{"id":5831458,"gmtCreate":1631356444382,"gmtModify":1663233726048,"authorId":3569316529855154,"author":{"id":3569316529855154,"idStr":"3569316529855154","authorId":3569316529855154,"name":"Deonc","avatar":"https://static.tigerbbs.com/d9aa45dd2eb58357f6477dcfb99d1415","vip":1,"crmLevel":3,"crmLevelSwitch":1,"individualDisplayBadges":[{"badgeId":"9427a906234c4b18a82ec3d7730b7fa8-1","templateUuid":"9427a906234c4b18a82ec3d7730b7fa8","name":"Star Contributor","description":"Have published 3 or more picked posts, and have published at least one picked post and participated in comments within 30 days","bigImgUrl":"https://community-static.tradeup.com/news/1866dcf97a73be1c330f85862546aedc","smallImgUrl":"https://community-static.tradeup.com/news/4f5c5fa8e2c7683bb5a7fce8753ee456","redirectLinkEnabled":1,"redirectLink":"https://ttm.financial/activity/market/2023/star-contributors/","hasAllocated":1,"isWearing":0,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.10.29","individualDisplayEnabled":1,"backgroundColor":{"dark":"#675a37","tint":"#f9ebc2"},"fontColor":{"dark":"#ffffff","tint":"#ab7a0e"},"individualDisplaySort":0,"categoryType":2007}]},"repliedAuthorId":0,"objectId":881298628,"type":1,"supId":0,"prevId":0,"content":"???","text":"???","html":"???"}],"langContent":"EN"},{"id":881640620,"gmtCreate":1631334726860,"gmtModify":1676530531686,"author":{"id":"3582151718585472","authorId":"3582151718585472","name":"FrickL","avatar":"https://community-static.tradeup.com/news/5ea265fa5b5f17bb783942b290d93a0d","vip":1,"crmLevel":6,"crmLevelSwitch":0,"authorIdStr":"3582151718585472","idStr":"3582151718585472"},"htmlText":"Oh oh….&nbsp;","listText":"Oh oh….&nbsp;","text":"Oh oh….","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/881640620","repostId":1158877090,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":881877022,"gmtCreate":1631327207266,"gmtModify":1676530529550,"author":{"id":"4089010444435920","authorId":"4089010444435920","name":"lewisleeks","avatar":"https://static.tigerbbs.com/d39cf835a09bdd21dce8a780b993940c","vip":1,"crmLevel":1,"crmLevelSwitch":1,"authorIdStr":"4089010444435920","idStr":"4089010444435920"},"htmlText":"[Surprised]&nbsp;[Surprised]&nbsp;","listText":"[Surprised]&nbsp;[Surprised]&nbsp;","text":"[Surprised] [Surprised]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/881877022","repostId":1158877090,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":881161592,"gmtCreate":1631317831616,"gmtModify":1676530525806,"author":{"id":"4087829320241190","authorId":"4087829320241190","name":"CYKuan","avatar":"https://community-static.tradeup.com/news/a600e1308bcb427dcbe9716594333839","vip":1,"crmLevel":5,"crmLevelSwitch":1,"authorIdStr":"4087829320241190","idStr":"4087829320241190"},"htmlText":"Novavax is one of the important&nbsp;and safer vaccine with less long term genetic&nbsp;side effect as compared&nbsp;to other mRNA&nbsp;vaccines available. For sure the stock&nbsp;price will rocket when it get approved&nbsp;in the near future in several big country&nbsp;","listText":"Novavax is one of the important&nbsp;and safer vaccine with less long term genetic&nbsp;side effect as compared&nbsp;to other mRNA&nbsp;vaccines available. For sure the stock&nbsp;price will rocket when it get approved&nbsp;in the near future in several big country&nbsp;","text":"Novavax is one of the important and safer vaccine with less long term genetic side effect as compared to other mRNA vaccines available. For sure the stock price will rocket when it get approved in the near future in several big country","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/881161592","repostId":1158877090,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5837785,"gmtCreate":1631413150522,"gmtModify":1663233752247,"authorId":4087829320241190,"author":{"id":4087829320241190,"idStr":"4087829320241190","authorId":4087829320241190,"name":"CYKuan","avatar":"https://community-static.tradeup.com/news/a600e1308bcb427dcbe9716594333839","vip":1,"currentWearingBadge":{"badgeId":"a83d7582f45846ffbccbce770ce65d84-1","templateUuid":"a83d7582f45846ffbccbce770ce65d84","name":"Real Trader","description":"Completed a transaction","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":5,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":881161592,"type":1,"supId":5834919,"prevId":0,"content":"plan, monitor and execute??","text":"plan, monitor and execute??","html":"plan, monitor and execute??"},{"id":5834919,"gmtCreate":1631395115559,"gmtModify":1663233740637,"authorId":3583106134648492,"author":{"id":3583106134648492,"idStr":"3583106134648492","authorId":3583106134648492,"name":"Frosty4ever","avatar":"https://community-static.tradeup.com/news/58fdf90023b13bdabb45b46bb0d645e1","vip":1,"currentWearingBadge":{"badgeId":"a83d7582f45846ffbccbce770ce65d84-1","templateUuid":"a83d7582f45846ffbccbce770ce65d84","name":"Real Trader","description":"Completed a transaction","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":3,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":881161592,"type":1,"supId":0,"prevId":0,"content":"tempting to buy more<br>","text":"tempting to buy more<br>","html":"tempting to buy more<br>"}],"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":124,"commentSize":18,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1158877090"}