Gainers
Society Pass Incorporated (NASDAQ: SOPA) rose 68% to $5.59 in pre-market trading after the company reported addition to the Russell 2000 Index.
Novavax, Inc. (Nasdaq: NVAX), a biotechnology company dedicated to developing and commercializing next-generation vaccines for serious infectious diseases, and Serum Institute of India Pvt. Ltd.
Biotech stocks reversed course and advanced solidly in the week ending Dec. 17, as an increase in risk aversion pushed investors to buy into defensive stocks. The sector also drew strength from some positive stock-specific news.
Novavax Inc. (NASDAQ: NVAX) shares were trading higher Friday after the World Health Organization issued emergency use listing for its NVX-CoV2373 COVID-19 vaccine. The stock is trading higher and saw a push toward a resistance level in the pattern in which it trades.
First EUL granted by WHO for a protein-based COVID-19 vaccine
EUL vaccine manufactured and marketed by SII as COVOVAX™
WHO EUL for Nuvaxovid™ currently under assessment; will be completed following