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Why BioNTech Stock Is Soaring Today

Why BioNTech Stock Is Soaring Today

What happened Shares of BioNTech (NASDAQ: BNTX) were soaring 17.7% as of 10:57 a.m. EDT on Monday. The big gain came after BioNTech and its partner, Pfizer (NYSE: PFE), announced that two vaccine candidates being developed for SARS-CoV-2, the coronavirus that causes COVID-19, received Fast Track designation from the U.