Why Novavax Stock Is Sinking Today

Shares of Novavax (NASDAQ: NVAX) were sinking 12.3% as of 11:06 a.m. EDT on Friday. The steep decline didn't stem from any negative development for the biotech but instead appeared to be caused by the overall stock market sell-off.

What does the big drop for the biotech stock today mean for investors? At worst, nothing. At best, an opportunity to buy Novavax at a cheaper price.

Image source: Getty Images.

Source Fool.com

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