Novavax shares are trading higher amid a new COVID wave and rising hospitalizations.
Portfolio Pulse from Benzinga Newsdesk
Novavax shares are experiencing an upward trend due to a new wave of COVID-19 and increasing hospitalizations.
August 21, 2023 | 5:44 pm
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POSITIVE IMPACT
Novavax's stock is trading higher due to the new wave of COVID-19 and rising hospitalizations.
The new wave of COVID-19 and the subsequent increase in hospitalizations are likely to increase the demand for Novavax's vaccine, which is reflected in the rising stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100