Impact of vaccine approval on Novavax stock?
Thoughts on the impact of this news on Novavax stocks? The results are pretty good, the two-dose vaccine was found to be 100% effective in preventing moderate and severe disease and 93% effective against some variants. I feel like Pfizer and Moderna are the most common ones, not sure how much the need will be for other vaccines. The demand for others can still be significant if other countries' demand go up or FDA suggests people to take booster shots every year.
[https://www.cnbc.com/2021/06/14/novavax-says-its-covid-vaccine-is-90percent-effective-plans-to-submit-data-to-fda-in-third-quarter-.html](https://www.cnbc.com/2021/06/14/novavax-says-its-covid-vaccine-is-90percent-effective-plans-to-submit-data-to-fda-in-third-quarter-.html)
https://www.reddit.com/r/StockMarket/comments/nzryfx/impact_of_vaccine_approval_on_novavax_stock/
