Novavax, Inc. (NVAX) Up Big on Positive Clinical Trial Results

By Eric Mancini
Benzinga Contributor
September 01, 2009 12:50 PM

Symbols: NVAX

Tags: NVAX

Posted in: Long Ideas, News, Movers & Shakers, Small Cap Analysis, FDA, Intraday Update, Movers, Trading Ideas, Press Releases

Novavax, Inc. (NVAX) is up approximately 16% in midday trading on almost 5x normal trading volume. The move is due to positive results from a Phase II human clinical trial of its influenza virus-like particle (VLP) vaccine. Novavax is up almost 1,100% year to date (through 9/1/08) so investors should be cautious in trading this name.

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Novavax, Inc. (NVAX) Up Big on Positive Clinical Trial Results

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