Why Is Everyone Talking About BioNTech Stock?

Why Is Everyone Talking About BioNTech Stock?

The coronavirus pandemic keeps shining light into corners of the economy that just aren't used to the attention. Biotechnology is a wonky and underappreciated industry that's currently front and center, especially companies that might have an effective coronavirus vaccine in development. Shares of one coronavirus vaccine developer, BioNTech (NASDAQ: BNTX) have soared 129% this year, and the buzz surrounding the Germany-based biotech is at an all-time high.