Evaluating Novavax’s Current Valuation After Steep Five Year Share Price Collapse
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If you are wondering whether Novavax at around $6.66 is a hidden bargain or a classic value trap, you are not alone. That is exactly what we are going to unpack.
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Despite a bruising long-term track record, with the share price still down 23.4% over the last year and 94.9% over five years, the stock has tried to stabilize recently. It has gained 1.4% over 7 days and 2.9% over the last month, even though it remains down 22.3% year to date.
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Recent moves in Novavax have been shaped by shifting market sentiment around its COVID-related product pipeline and ongoing efforts to secure partnerships that can support its vaccine portfolio and funding runway. Investors are also weighing the company’s broader vaccine platform ambitions in…
