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Novavax Inc (NASDAQ: NVAX) is trading lower Wednesday amid reports suggesting the company is facing issues with the purity of its vaccine candidate. According to reports, Novavax has been unable to consistently prove it can manufacture a vaccine shot that meets the required quality standards. The Food and Drug Administration discusses purity levels with each manufacturer, but each batch of the COVID-19 vaccine is supposed to be at least 90% pure.
Netflix Inc's (NASDAQ: NFLX) "Squid Game" has not just proven to be a global smash hit, the show has also brought to light certain truths about South Korea's debt crisis, especially concerning the country's small business owners, with stringent bankruptcy rules hampering their ability to gain employment. The 'Squid Game' Parallel: A story from Reuters highlights the issues faced by many small business owners who have filed for bankruptcy in South Korea.
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