---
title: "Novavax Falls But Then Recovers After WSJ Report on Vaccine's FDA Status"
description: "Novavax shares initially fell after a WSJ report indicated that the FDA is unlikely to grant full approval for its Covid-19 vaccine soon. The stock dropped to $5.70 but later recovered to $6.20, refle"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/234260554.md"
published_at: "2025-04-02T17:16:23.000Z"
---

# Novavax Falls But Then Recovers After WSJ Report on Vaccine's FDA Status

> Novavax shares initially fell after a WSJ report indicated that the FDA is unlikely to grant full approval for its Covid-19 vaccine soon. The stock dropped to $5.70 but later recovered to $6.20, reflecting a 3.2% increase. The vaccine currently has emergency use approval, with the FDA's decision deadline set for April 1.

By Josh Beckerman

Novavax shares declined right after The Wall Street Journal reported that the Food and Drug Administration is unlikely to give full approval soon for a company Covid-19 vaccine, but then the stock recovered.

Shares went as low as $5.70. They recently traded at $6.20, up 3.2%.

The vaccine is approved for emergency use. The FDA had set an April 1 deadline for a decision on whether to grant a normal, full approval, the WSJ reported.

Write to josh.beckerman@wsj.com

(END) Dow Jones Newswires

April 02, 2025 13:06 ET (17:06 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.