Jasmine1205
2023-08-11

$Novavax(NVAX)$  bearish Investors have been rapidly selling popular meme Pharma play Novavax (NASDAQ: NVAX), due to delays in its Covid-19 vaccine launch. The company’s financial concerns were evident as it reported a Q4 2022 net loss of $182 million. Management’s uncertainty about 2023 revenue, linked to U.S. government funding, has also been expressed. Nonetheless, cost reduction efforts and positive vaccine trial results have led to a projected revenue range of $1.4 billion to $1.6 billion for the year.

Despite generating substantial sales from its vaccine candidate Nuvaxovid, the company faced large operating losses in 2021 and 2022, a trend that persists according to recent quarterly results. Despite a significant drop in stock price and a settlement from the Canadian government, caution is advised due to ongoing operational challenges.

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Comments

  • frosti
    2023-08-22
    frosti

    I would short the puts, buy the shares. Today is just the beginning, strategic long term investors won't even sell for those pennies. Holding for 100.

  • wigglyz
    2023-08-22
    wigglyz

    Gotta love shorts that are trying hard here to act like 10.6M doses sold to Germany is nothing. Incredible.

  • cheerzy
    2023-08-22
    cheerzy

    $20B market cap. Nothing less. Pay up.

  • pixiezz
    2023-08-22
    pixiezz

    NVAX will never allow this to happen - who do you think was selling today when it SP got to mid 8.s

  • vippy
    2023-08-22
    vippy

    Does anyone know what the 10.6 million doses of Novavax cost?

  • zinglee
    2023-08-22
    zinglee

    NVAX hopes so they have shares ready to sell - Go for it help NVAX raise money

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