Why BioNTech Topped the Market on Tuesday

What happened

Popular coronavirus stock BioNTech (NASDAQ:BNTX) was a hit with investors on Tuesday. They bid the company’s share price up by 2.4% on an otherwise downbeat day for the stock market. News from across the Atlantic seemed to lift sentiment on the company’s prospects.

So what

Earlier that day, U.K. Prime Minister Boris Johnson mapped out his government’s plan to combat the coronavirus pandemic in the country through the fall and winter.

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