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Benzinga

Business

Adam Eckert

What's Going On With Novavax Shares Today?

Novavax Novavax Inc NVAX

Novavax Inc (NASDAQ:NVAX) is trading higher Tuesday after the company reported fourth-quarter financial results and issued guidance expecting a surge in revenue.

Novavax reported quarterly revenue of $222.2 million, which was down from $279.66 million year-over-year. The company reported a quarterly earnings loss of $11.18 per share, which was worse than the loss of $2.70 per share in the fourth quarter of 2020.

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