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Why Novavax Stock Is Marching Higher Today


Novavax (NASDAQ: NVAX), a late-stage vaccine developer, is extending its recent winning streak today. The biotech's shares were up by 10% as of 12:40 p.m. EST on Thursday. As a result, Novavax's stock has exactly doubled in value since the start of 2020. 

What's lighting a fire underneath the biotech's shares in early 2020? There are two possibilities here:

Image source: Getty Images.

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Source Fool.com

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