25.05.2020 Novavax Inc (NVAX)Daily Analysis

25.05.2020 Novavax Inc (NVAX)Daily Analysis

Novavax Inc (NVAX) 46.11usd ,-3.96 , -7.91% Today Novavx is trading on 46.11usd and it fell with 7.91 percent. Novavax is said to be far from far a healthy business and this is because many have been looking into the results it brought out after developing some vaccines that never made it to the market yet all the vaccines that they made were costly and in the past 12 months the Company generated only 18.7million in revenue against the cash outflow of 136.6million and they now doubt that their vaccine will come out with positive results, however, the traders are still hopeful as the company still have a role to play in developing a vaccine that will fight the pandemic as the Coalition for Epidemic Preparedness Innovations provided 388 million dollars to support  Novavax's development of a COVID-19 vaccine.