BNTX Stock

BNTX Stock

BioNTech is a biopharmaceutical company pioneering the development of individualized therapies for cancer and vaccines for infectious diseases, including COVID-19.

BioNTech is partnered with several large pharmaceutical companies, including Roche, Eli Lilly, Pfizer, Sanofi, and Genmab. Comirnaty (COVID-19 vaccine) is its first commercialized product. The company was founded by Christoph Huber and Ugur Sahin in Germany, 2008. The company is funded by 16 investors. German Federal Ministry of Education and Research (BMBF) and Temasek Holdings are the most recent investors. The stock opened with $15.00 in its Oct 9, 2019 IPO. By August 2021 BioNTech’s stock gained 2200% and reached $330. The company has never provided dividends. FBS traders can always find relative information about companies that pay dividends in the dividend calendar. FBS traders also can follow the company’s price using the BNTX stock chart.

How to buy stocks online with FBS?

You can trade contracts for difference (CFDs) on BioNTech. CFDs reflect BNTX’s stock price movement. It allows you to trade in both directions. In other words, you can gain from the price going up as well as from it going down.

You can also use leverage. This means that with only a small amount of money you can control much bigger financial positions. Always remember that leverage allows you to multiply your account. On the downside, you may lose a considerable part of it if the market goes against your trades.

What drives BioNTech’s price?

  • BioNTech is a biopharmaceutical company with the main target of creating new effective drugs. Development progress news is the main driver of the BNTX stock price.
  • BioNTech is a commercial company, that’s why earnings reports have a massive impact on the stock price. It is highly important for every trader to get knowledge about how to trade earnings season.

You can always check FBS’s stock list and pick the best option to trade!

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2021-09-14 • Updated

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