Wednesday 12 August 2020

Big losses for COVID VACCINE STOCKS again - Novavax falls over 16%



Another tough day for COVID VACCINE STOCKS. Fully 21 fell -- eight by more than 10% -- with only six scoring a positive day.  All six with gains were in the top seven of market cap. Only Novavax which has the fourth highest market value fell today, as its steep slide continued for a second day.  It was the poorest performer.

The average stock fell 5% after a 9% collapse yesterday. 

Apart from Novavax, Heat Biologics fell over 15%, Vaxart which returned its gains from yesterday, fell 14%. GeoVax, Tonix, iBio and IMV also had double digit losses.



 

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