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Novavax Inc. (NVAX) Has Jumped To A New High On Study Results

Novavax Inc. (NVAX) reported results from its Phase 1/2 clinical trial in older adults of its NanoFlu recombinant influenza vaccine. The study showed improved immune responses compared to egg-based, high-dose flu vaccine.

Novavax has gapped open sharply higher Thursday morning and is now up 0.38 at $2.55. The stock has jumped to a new high for the year.

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