56 Biggest Movers From Yesterday
Gainers
Bridgford Foods Corporation (NASDAQ: BRID) shares surged 46.2% to close at $20.74 on Tuesday.
The Daily Biotech Pulse: FDA Authorizes Pfizer-BioNTech COVID-19 Vaccine For Adolescents, Lilly Strikes R&D Collaboration, Vaccine Stocks Novavax, Inovio Sink On Earnings
Here's a roundup of top developments in the biotech space over the last 24 hours:
Scaling The Peaks
(Biotech Stocks Hitting 52-week Highs May 10)
What’s Going On With Novavax Stock?
Novavax, Inc (NASDAQ: NVAX) shares fell over 12% in the after-hours trading on Monday after closing almost 8.8% lower in regular trading.
FDA To Hold AdCom Meeting For Expanding Use COVID-19 Vaccine In Children
The FDA’s Center for Biologics Evaluation and Research (CBER) will convene a virtual meeting of the Vaccines and Related Biological Products Advisory Committee on June 10
Why Novavax Shares Are Down, Despite Positive Results From Flu/COVID-19 Vaccine Testing
Novavax, Inc. (NVAX) announced positive results from the animal study of its combo vaccine for influenza and COVID-19.
The positive news however did little to stem the sell-off in shares that began in late April.
Why Novavax Shares Are Trading Lower Today
Novavax (NASDAQ: NVAX) shares are trading lower amid reports competing COVID-19 vaccines may be approved in Europe. The stock also dipped on reports the company is unlikely to seek emergency use authorization for its COVID-19 vaccine until June.
Earnings Scheduled For May 10, 2021
Companies Reporting Before The Bell
• Revlon (NYSE:REV) is likely to report earnings for its first quarter.
• Bluegreen Vacations (NYSE:BVH) is expected to report earnings for its first quarter.
The Week Ahead In Biotech (May 9-15): Heron, Apellis FDA Decisions, Presentations and Earnings
Biotech stocks came under pressure in the week ended May 7 as traders digested a slew of earnings news flow and a handful of clinical trial readouts. COVID-19 vaccine stocks came under pressure following the U.S.
‘Fast Money Halftime Report’ Picks For May 7
On CNBC's "Fast Money Halftime Report," Bryn Talkington recommended a long position in iShares US Small Cap Value Factor ETF (BATS: SVAL).
Why Moderna, uniQure And Novavax Are Moving Today
Moderna, Inc. (NASDAQ: MRNA). uniQure N.V. (NASDAQ: QURE) and Novavax, Inc.