$NVAX NOVAVAX TO $300 AGAIN
Posted: May 10, 2024
- Novavax ($NVAX) and Sanofi signed a partnership deal worth over $1.2bn - Sanofi's investment values Novavax at over $1.8bn including milestone payments - 44m shares of Novavax are shorted (>30%) - Sanofi deal is better than Moderna deal - Matrix-M integration Deal and Sanofi Equity Investment mentioned - 140 million share float, 35% shorted, similarities to January 2021 rally predicted
Summarized top reddit comments: - Some users are skeptical about NVAX reaching $300, with one user settling for $80 as a target - A user sold their NVAX shares at profit, expressing caution and uncertainty about the market - Others are discussing the potential of NVAX and its vaccine commercialization, mentioning past examples like OCGN without much success - Some are grateful for the information shared on the post
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