Novavax (NVAX) shares rallied 8.4% in the last trading session to close at 5.29.Thismovecanbeattributabletonotablevolumewithahighernumberofsharesbeingtradedthaninatypicalsession.Thiscomparestothestock′s195.29. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 19% gain over the past four weeks.Share price rose after the company announced that it has reached a settlement with Gavi Vaccine Alliance over an advance purchase agreement signed in 2021 between the two parties. Per the settlement terms, Novavax has made an upfront payment of 5.29.Thismovecanbeattributabletonotablevolumewithahighernumberofsharesbeingtradedthaninatypicalsession.Thiscomparestothestock′s1975 ...
Novavax(NVAX) Zacks Investment Research·2024-02-26 08:51