FDA Approves Novavax COVID-19
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Stocktwits on MSNNovavax Stock Rips Nearly 20% Pre-Market After FDA Approves Its COVID-19 Vaccine NuvaxovidPharmaceutical giant Novavax on Monday announced that the U.S. Food and Drug Administration (FDA) approved its COVID-19 vaccine, Nuvaxovid. Novavax’s shares traded nearly 20% in pre-market trading at the time of writing.
In the options pits, NVAX has already seen quadruple the overall options volume it typically sees in an entire session, with 57,000 calls and 13,000 puts exchanged so far. The weekly 5/23 9-strike call is the most active, with new positions opening there.