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dcsilver (< 20)

NVAX - UN Reports Bird Flu in Asia



August 31, 2011 – Comments (0) | RELATED TICKERS: NVAX

Haven't seen this anywhere else:

Novavax (NVAX) NewsBite - NVAX Jumps 12.5% On Bird Flu Reemergence

Posted: Tuesday, August 30, 2011 2:10 PM EDT

Novavax (NASDAQ: NVAX) opened at $1.74. So far today, the stock has hit a low of $1.73 and a high of $2.04. NVAX is now trading at $1.89, up $.21 (12.5%). Over the last 52 weeks the stock has ranged from a low of $1.13 to a high of $3.50. Shares of the vaccine maker surged after the U.N. reported a reemergence of bird flu in Asia. S&P does not currently have a STARS rating for NVAX. If you are looking for a hedged play on NVAX the stock seems like it could be a candidate for an October covered call above the 2 range. [ABR-Seven Summits Strategic Investments NewsBite]

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