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0 0.00056452523427794 0.00598396748334652 0.0156938015129276 0.0163712317940612 0.0123066501072598 0.0104866207519476 0.00181777125437509
Stock impact report

Why BioNTech Stock Soared 66% in March While the Market Plunged [The Motley Fool]

BioNTech SE - American Depositary Shares (BNTX) 
Company Research Source: The Motley Fool
What happenedShares of German clinical-stage biotechBioNTech(NASDAQ:BNTX Global Market IntelligenceFor context, last month the 500(This month, BioNTech stock has sunk 5.8% through April 6, compared to the broader market's .5% gain.)Image source: Getty Images.So whatWe can attribute BioNTech stock's robust performance last month to investor enthusiasm about the company's partnership with pharmaceutical giantPfizerNYSE:PFEData by YCharts.This announcement came just a day after fellow clinical-stageModernaNASDAQ:MRNAMoving our time lens out further than a month, the chart below shows how BioNTech's stock has performed since its initial public offering (IPO) in October. It's rocketed 252% from its IPO price of $5 (see chart's footnote), which is about twice Moderna stock's 24% gain over this period. The 500 returned negative 8.5% over this same period.Now whatAt the time the Pfizer-BioNTech partnership was announced, the companies said that they expect BioNTech's COVID-9 mRNA vaccine can Show less Read more
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