“Novavax stock jumps 50% as Sanofi deal kicks off turning point for struggling vaccine maker”
May 15, 2024
“Shares of Novavax closed nearly 50% higher on Monday as Wall Street cheered the company’s new multibillion-dollar deal with French drugmaker Sanofi that sparked a dramatic turnaround for the struggling vaccine maker.
Novavax’s stock almost doubled on Friday after it announced the licensing agreement with Sanofi. Novavax on Friday said the deal allows the company to remove its “going concern” warning, which it first issued in February 2023 due to major doubts about its ability to stay afloat…”
https://www.cnbc.com/2024/05/13/novavax-stock-jumps-on-sanofi-covid-vaccine-deal.html
Vaccine stocks are not a good long term play. It’s like a ticking time bomb. I’m telling everyone get out now. The Covid-19 vaccine scandal is going to pulverize all these stocks when it comes to light. The Covid-19 vaccine is a bioweapon. The government tried to murder you. I’m sorry I have to break this bad news but it is what it is.
Don’t be invested in these stocks. They’re going to be destroyed.