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When Should You Cash Out Your Novavax Stock

Vaccine developer Novavax stock has collapsed in 2022. Read out the article to know more.<br>

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When Should You Cash Out Your Novavax Stock

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  1. When Should You Cash Out Your Novavax Stock? The stock of vaccine manufacturer Novavax has fallen in 2022. The company’s COVID-19 protein-based vaccine, Nuvaxovid, has gone on sale in Europe and is awaiting CDC approval to go on sale in the United States. The fourth COVID-19 vaccine to receive U.S. FDA approval was announced on July 13; however, the CDC must still approve it before it can go on sale. Fiscal Q1 2022 marked the first profitable quarter in company history. When it comes to this situation, it’s best to buy the rumor and sell the news. From a low of $6.26 in February 2020 to a record high of $331.68 in February 2021, the COVID-19 pandemic sent Novavax shares soaring.

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