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JeebeeTan
2021-08-09

BioNTech Stock Pops On Massive Earnings Beat; Company Looks Beyond Covid

BioNTech stock popped on Monday after reporting adjusted profit of $12.67 a share on $6.24 billion in second-quarter sales.

BioNTech Stock Pops On Massive Earnings Beat; Company Looks Beyond Covid

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The company noted it has agreements in place to deliver 2.2 billion doses of its Covid vaccine in 2021, and is now working on multiple cancer drugs. Analysts called for the <b>Pfizer</b> partner to earn $33.12 a share on $14.68 billion in sales.</p>\n<p>In premarket trading on today's stock market, BioNTech stock jumped 5% near 408.50. Shares have a perfect Relative Strength Rating of 99, according to IBD Digital. 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BioNTech Stock Pops On Massive Earnings Beat; Company Looks Beyond Covid

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