Novavax shares jump 40% on $1.2 billion licensing deal with Sanofi despite Q1 losses

Follow Invezz on Telegram , Twitter , and Google News for instant updates >Novavax (NASDAQ:NVAX) shares rocketed 40% in premarket trading Friday, driven not only by the company’s fiscal Q1 2024 earnings report but more significantly, by a crucial multi-billion dollar deal with French pharmaceutical giant Sanofi SA.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.Despite reporting a first-quarter loss per share of $1.05, wider than the$0.92 anticipated ...