Novavax Clarifies That While It Has Anticipated COVID-19 Vaccination Market In US Will Be Similar To Last Year, It Has Neither Updated Nor Reaffirmed FY24 Financial Guidance Issued On August 8 - Filing
Portfolio Pulse from Benzinga Newsdesk
Novavax has clarified that while it anticipates the COVID-19 vaccination market in the US to be similar to last year, it has not updated or reaffirmed its FY24 financial guidance issued on August 8. This follows an analyst report discussing the anticipated US market for the 2024-2025 vaccination season.
October 03, 2024 | 10:29 am
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Novavax anticipates the US COVID-19 vaccination market to be similar to last year but has not updated its FY24 financial guidance. This could imply stability in market expectations but uncertainty in financial projections.
Novavax's statement suggests that while the market conditions are expected to remain stable, the lack of updated financial guidance introduces uncertainty. This could lead to a neutral short-term impact on the stock as investors await more concrete financial updates.
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