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Business, Stocks

“Novavax shares nearly double on Sanofi deal to commercialize Covid vaccine, develop combination shots”

Novavax on Friday said it has signed a multibillion-dollar deal with French drugmaker Sanofi to co-commercialize the company’s Covid vaccine starting next year and develop combination shots targeting the coronavirus and the flu, among other efforts. Shares of Novavax closed nearly 100% higher on Friday from their previous day close of $4.47 apiece…”

https://www.cnbc.com/2024/05/10/novavax-and-sanofi-to-commercialize-covid-vaccine-develop-combo-shots.html

Personally I think investing in vaccine companies long term is not a good idea. Why? because as time passes we find more and more evidence that covid vaccines were not safe and effective. Once the general public finds out how dangerous those experimental shots were there’ll be countless lawsuits. Stocks will tank and many may even go out of business.

you heard it first here. Investing in vaccine companies is like playing Russian roulette. It’s just a matter of time. Once the public finds out time’s up.

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