Novavax today is trading at $83.54; it is trading higher with $6.04 mainly because The major market indexes were slipping Thursday morning as COVID-19 cases continue to mount in the U.S. Several stocks of companies working on tests and vaccines for the novel coronavirus bucked the trend and Novavax shares went up 7.79%. It's not surprising that coronavirus-focused stocks are moving higher than the market as a whole today. Investors are worried that the increased numbers of COVID-19 cases in many states could prolong the economic impact of the pandemic. But these fears make Novavax, VBI Vaccines, Dynavax, and Co-Diagnostics more attractive picks because of their COVID-19 programs.