Stock Alert: Novavax Trading 11% Higher On Coronavaccine Supply Deal With UK Govt.

Shares of biotechnology company Novavax, Inc. (NVAX)are climbing more than 11% after the company said it has signed a deal with the U.K. government to supply 60 million doses of its COVID-19 vaccine, NVX-CoV2373 in the first quarter of 2021.