Novavax Inc (NVAX) is trading -24% lower at $53.14 today.

Novavax Inc has been trading between a 52-week high of $277.8 and a 52-week low of $34.88. The stock has a market cap of $4.15 Billion.

Novavax, Inc. is a biotechnology company that promotes improved health globally through the discovery, development and commercialization of innovative vaccines to prevent serious infectious diseases. The company's proprietary recombinant technology platform combines the power and speed of genetic engineering to efficiently produce highly immunogenic nanoparticles designed to address urgent global health needs.

Novavax Inc. (NASDAQ: NVAX) Up 0.27%: This Is What Analysts Now Expect
Stocks Register 07-14-22

Novavax Falls Despite FDA Approval Of Its COVID Vaccine
RTT News 07-14-22

US gets new, more conventional COVID vaccine as Novavax is cleared for adults
The Times of Israel 07-14-22

Is Novavax Stock A Buy Or Sell?
Seeking Alpha 07-14-22


As you can imagine, the internet had a few things to say about the price move. Here's a few choice comments from the Reddit Traderverse™:

blazinghor0 - 2 upvotes - source
Rip nvax. Wish I bought more the 5 puts

Affectionate-Tax9885 - 2 upvotes - source
NVAX down *after* FDA vaccine approval? Talk about selling the news lmao

ReactionFull3020 - 2 upvotes - source
Nvax -2% ah

ComprehensiveIce4382 - 1 upvotes - source
Nvax 58c odte. Bottomed out

reddituserzerosix - 1 upvotes - source
Anyone hit NVAX puts? Let me gain vicariously

Wormfather - 1 upvotes - source
NVAX

RakDizzle - 1 upvotes - source
Just picked up an RPG, got 7 shots. Can I get some love on NVAX today pleeeease!!!!!

Wormfather - 0 upvotes - source
This NVAX sell off is hilarious. I’m going to make a killing on these calls. All based off a routers articles saying that the vaccine might cause some numbness in the vaccination site. You know, like every other vaccine anyone has ever taken.

Schwimmbo - 0 upvotes - source
NVAX on -15% the day after the single most important event in the company's history: FDA approval of their vaccine. How the fuck is this not manipulation? Do something, SEC.