Why Novavax and BioNTech Stocks Are Jumping Today
What happened Shares of Novavax (NASDAQ: NVAX) were jumping 10.9% as of 10:51 a.m. EDT on Tuesday, while BioNTech (NASDAQ: BNTX) was up nearly 5%. The gains for both stocks came after the U.S. Centers for Disease Control and Prevention (CDC) and the Food and Drug Administration (FDA) jointly recommended pausing the use of Johnson & Johnson's (NYSE: JNJ) COVID-19 vaccine after a few cases of blood clots were reported in individuals who received the vaccine.
