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.