Novavax shares are trading lower after JP Morgan downgraded the stock from Neutral to Underweight.
Portfolio Pulse from Benzinga Newsdesk
Novavax shares are trading lower after JP Morgan downgraded the stock from Neutral to Underweight.
July 30, 2024 | 10:46 am
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NEGATIVE IMPACT
Novavax shares are experiencing a decline following a downgrade by JP Morgan from Neutral to Underweight.
The downgrade by a major financial institution like JP Morgan is likely to negatively impact investor sentiment and lead to a short-term decline in Novavax's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100