Tag Archives: BNTX

Dual Wins for Pfizer Mean Big Jumps for These 2 Stocks

The stock market moved higher again on Monday morning, building on gains from Friday. Good news from Pfizer (NYSE:PFE) was encouraging to the broader market, as it inspired investors to believe they might be one step closer to the end of the COVID-19 pandemic. As of 11 a.m. EDT, the Dow Jones Industrial Average (DJINDICES:^DJI) was up 253 points to 35,373. The S&P 500 (SNPINDEX:^GSPC) gained 39 points to 4,480, and the Nasdaq Composite (NASDAQINDEX:^IXIC) picked up 187 points to 14,902.

Pfizer’s stock was among the best performers in the Dow on a percentage basis thanks to....More>>>

Why Moderna and BioNTech Topped the Market Today

What happened

Shares of coronavirus stocks Moderna (NASDAQ:MRNA) and BioNTech (NASDAQ:BNTX) rose on Thursday by 1.4% and 4.9%, respectively, in contrast to the stock market’s dip on the day. This followed news that the two companies had their coronavirus vaccines fully approved by a national regulator.

So what

That authority is Health Canada. On Thursday morning, it switched on the green light for both Moderna’s mRNA-1273 (brand-named SpikeVax) and Comirnaty from BioNTech and its development partner Pfizer (NYSE:PFE). Similar to Comirnaty’s recent regulatory....More>>>