Hedge Fund Shah Capital Urges Novavax To Consider Sale Amid Vaccine Rollout Struggles, Sees $5 Billion Potential - Novavax ( NASDAQ:NVAX )
Shah Capital is reportedly pressing Novavax Inc. ( NASDAQ:NVAX ) to consider a sale of the biotech firm, citing continued struggles in the rollout of its COVID-19 vaccine. The hedge fund holds a 7.2% stake and is the company's second-largest shareholder.
https://www.benzinga.com/news/health-care/25/10/48206501/hedge-fund-shah-capital-urges-novavax-to-consider-sale-amid-vaccine-rollout-struggles-sees-5-bil