NVAX

Novavax

October 9, 2026 · intraday

Rarity
2.18
Peak move
+18.26%
Float cap
$1.7B

Novavax is a Gaithersburg, Maryland-based vaccine company that develops recombinant protein-based nanoparticle vaccines and its proprietary Matrix-M adjuvant. It sells its protein-based, non-mRNA COVID-19 vaccine, Nuvaxovid, to governments and health systems, and licenses its technology to partners such as Sanofi, Takeda and the Serum Institute of India, which uses Matrix-M in its malaria vaccine. Its pipeline spans seasonal influenza, COVID-influenza combinations, RSV and other infectious-disease candidates.

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What we found

8 events · 0 from SEC or newswire · 0 timed with the move
  • regulatory_approval

    Sanofi's Phase 3 trial of a COVID-influenza combination vaccine using Novavax's Nuvaxovid received national regulatory approvals in Belgium, Germany and Portugal, with enrollment to begin in November and triggering a $125 million milestone payment from Sanofi to Novavax.

  • public_health

    WHO Director-General Tedros Adhanom Ghebreyesus said on October 7 that a full risk assessment was not possible because the cause of the Irkutsk lab worker's death is undetermined, and Dr. Maria Van Kerkhove said WHO had asked Russia's health ministry for test results and contact details.

  • public_health

    WHO spokesperson Christian Lindmeier said tests on contacts of a 28-year-old researcher who died of pneumonia at Russia's Irkutsk Anti-Plague Research Institute found no plague bacteria or dangerous pathogens, with epidemic risk assessed as medium-to-low for Irkutsk, low for Russia and very low for Europe.

  • analyst_rating

    BofA analyst Alec Stranahan raised his price target on Novavax (NVAX) to $8 from $7 while keeping an Underperform rating, as part of a Q3 earnings preview for the biotech sector.

  • peer_disclosure

    Citi said recent swings in vaccine stocks including Novavax and Moderna illustrated their sensitivity to health-related headlines, with the suspected Russian plague case unconfirmed and contacts testing negative, and said it favours immunology, oncology, cardiometabolic and rare-disease names.

  • borrow_cost_spike

    Novavax short interest stood at 30.43% of float, about 49.9 million shares as of mid-September, requiring roughly 10 trading days of average volume to cover, and Monday's volume equaled about 40% of the short position, fueling a squeeze.

  • clinical_readout

    Vaxcyte reported positive topline results from the pivotal Phase 3 OPUS-1 trial of its 31-valent pneumococcal conjugate vaccine VAX-31, meeting all prespecified primary immunogenicity and safety endpoints versus Pfizer's Prevnar 20 and Merck's Capvaxive in adults 50 and older, with Vaxcyte shares rising about 50%.

  • regulatory_approval

    Novavax partners Sanofi and Takeda received approvals for an XFG-adapted formulation of Nuvaxovid in the US, EU and Japan for the 2026-2027 vaccination season, with US clearance covering ages 65+ and ages 12-64 with a high-risk condition.