VXRT - Could Vaxart Be a Millionaire-Maker Stock?
Vaxart (NASDAQ: VXRT) made some investors quite wealthy in 2020. Its shares skyrocketed more than 1,500% on increasing enthusiasm about its tablet COVID-19 vaccine program. That momentum carried over into this year, with Vaxart stock more than quadrupling year to date by early February.
But the joyride ended abruptly after Vaxart reported preliminary results from a phase 1 study of its oral COVID-19 vaccine, VXA-CoV2-1. The stock is now nearly 70% below its high set a month ago.
Still, there's the possibility that Vaxart could mount a comeback. Could it even be a millionaire-maker stock over the long run?
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Could Vaxart Be a Millionaire-Maker Stock?