Published on 22 Aug 2023 on Simply Wall St. via Yahoo Finance
Strong week for Vaxart (NASDAQ:VXRT) shareholders doesn't alleviate pain of three-year loss
Vaxart, Inc. (NASDAQ:VXRT) shareholders should be happy to see the share price up 10% in the last week. But that is meagre solace in the face of the shocking decline over three years. The share price has sunk like a leaky ship, down 89% in that time. So we're relieved for long term holders to see a bit of uplift. The thing to think about is whether the business has really turned around. While a drop like that is definitely a body blow, money isn't as important as health and happiness.
On a more encouraging note the company has added US$11m to its market cap in just the last 7 days, so let's see if we can determine what's driven the three-year loss for shareholders.
View our latest analysis for Vaxart