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Benzinga

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Adam Eckert

FORGOTTEN HISTORY: Why novavax stock is plunging today | History Defined

Novavax Inc (NASDAQ:NVAX) shares are trading lower Tuesday after the company reported worse-than-expected financial results.

Novavax reported first-quarter revenue of $704 million, which came in below the $845.2 million estimate. The company reported quarterly earnings of $2.56 per share, which came in below the estimate of $2.69 per share, according to data from Benzinga Pro.

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