Why Novavax Stock Is Jumping Today

·1 min read
Why Novavax Stock Is Jumping Today

Shares of Novavax (NASDAQ: NVAX) were jumping 6.1% higher as of 10:48 a.m. EDT on Wednesday after rising as much as 15.8% earlier in the morning. The nice gain came following the company's announcement that it has filed for authorization of its COVID-19 vaccine NVX-CoV2373 to the United Kingdom Medicines and Healthcare Products Regulatory Agency (MHRA). Novavax's U.K. submission is an important milestone for the company.

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