Shah Capital, which currently owns a near 7.5% stake in Novavax and is its third-largest shareholder, reiterated that the company was "undervalued and continues to suffer from poor profitability". The top shareholder had expressed concerns about mismanagement at the Maryland-based biotech and nominated two of its own candidates for the board last month. It had also urged Novavax to adopt a marketing strategy to target consumers who are hesitant to receive mRNA vaccines.
Vladimir Putin shot dead a deer on a hunting trip, cut out its heart and offered it to Silvio Berlusconi, a political ally of the late Italian prime minister claims.
The NFL great left his seat to promptly give his two cents on the stand-up comedian’s wisecrack.