Novavax, Shake Shack, Tesla, Apple & more


Signage for Shake Shack Inc. is displayed on a glass door at the company’s restaurant in Shanghai, China, on Thursday, Jan. 24, 2019.

Qilai Shen | Bloomberg | Getty Images

Check out the companies making headlines in midday trading: 

Novavax — The biotech stock soared 29% after the company announced that it was awarded $1.6 billion in funding from the federal government to help develop its Covid-19 vaccine candidate. The company said it could possibly deliver the vaccine by the end of the year.

Facebook, Netflix, Microsoft, Apple – The strength in Big Tech led the Nasdaq Composite to another all-time high. Shares of Facebook gained nearly 3%, while Apple, Microsoft, Google-parent…


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