Novavax Inc. shares shares sank in the extended session Tuesday after the biotech drug maker posted a wider-than-expected loss and reorganized with the...
Novavax Inc.
shares shares sank in the extended session Tuesday after the biotech drug maker posted a wider-than-expected loss and reorganized with the appointment of a new chief executive. Novavax shares fell as much as 25% after hours, following a 6.8% rise in the regular session to close at $9.26. The company reported a fourth-quarter loss of $182.3 million, or basic net income of $2.28 a share, compared with a loss of $846.3 million, or basic net income of $11.18 a share, in the year-ago period.
shares shares sank in the extended session Tuesday after the biotech drug maker posted a wider-than-expected loss and reorganized with the appointment of a new chief executive. Novavax shares fell as much as 25% after hours, following a 6.8% rise in the regular session to close at $9.26. The company reported a fourth-quarter loss of $182.3 million, or basic net income of $2.28 a share, compared with a loss of $846.3 million, or basic net income of $11.18 a share, in the year-ago period.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Disinformation Inc: Government-backed group tried to punish sites boosting COVID lab leak theoryThis is part of a Washington Examiner series on self-styled 'disinformation' tracking groups that are blacklisting and trying to defund conservative media. Here is where you can read other stories in the series.
Read more »
Kawasho Foods USA Inc. recalls canned shrimp product for leakingThe canned product was sold by major retailers including Walmart, Albertsons in California, Colorado and Utah and Safeway.
Read more »
5 things to know before the stock market opens TuesdayHere are the most important news items that investors need to start their trading day.
Read more »
CIF NorCal soccer regionals: Tuesday’s opening-round scheduleNumerous Bay Area high school soccer teams open regional action with first-round games Tuesday.
Read more »
Newark High School cancels Monday, Tuesday classes after small fire in buildingClasses will resume at Newark High School after a small fire in the building's math wing on Saturday. No injuries were reported in the blaze.
Read more »
Mayoral Candidates Hone Messages Ahead of Tuesday’s ElectionWhile polling on the Chicago mayoral race has been somewhat inconsistent, what appears clear from multiple polls is that incumbent Mayor Lori Lightfoot and challengers Paul Vallas, Brandon Johnson and U.S. Rep. Jesús “Chuy” García have pulled clear from the pack.
Read more »