Why BioNTech Crushed the Market on Monday
Recently minted biotech industry star BioNTech (NASDAQ: BNTX) was a standout performer on Monday. The stock closed 8.5% higher on the day thanks to very encouraging remarks uttered by its CEO regarding the coronavirus vaccine it's developed with Pfizer (NYSE: PFE).
As many are aware, BioNTech/Pfizer's BNT162b2 was recently authorized for emergency use in both the U.S. and European Union. On Monday, the biotech's CEO, Dr. Ugur Sahin, made several hopeful pronouncements about it.
Source Fool.com