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Is Vaxart a Buy?


In the early days of the pandemic, Vaxart (NASDAQ: VXRT) mesmerized investors after beginning development of a tablet-based, room-temperature-stable coronavirus vaccine. The stock subsequently soared to a multiyear high of $24.90 per share in February, becoming a ten-bagger over a 12 month period.

Fast-forward three months later, though, and the stock is down an astonishing 71% from its highs. What's behind Vaxart's massive roller coaster ride?

Image source: Getty Images.

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Source Fool.com

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