Gaithersburg vaccine company Novavax Inc. saw its share price jump at least 26 percent Tuesday — coming within a penny of the $1 threshold for the first time in a month — following its report of narrowed first-quarter losses.
Novavax (NASDAQ: NVAX) reported a net loss of $43.9 million in the first quarter ending March 31,a 43 percent drop from $77.3 million in net losses in the same period in 2016. That's a 16 cent net loss per diluted share this year, compared with 29 cents in the same period…
Source: bizjournals.com