BioNTech shares are trading higher amid a new COVID wave and rising hospitalizations.
Portfolio Pulse from Benzinga Newsdesk
BioNTech shares are experiencing an increase in value due to a new wave of COVID-19 and a rise in hospitalizations.
August 22, 2023 | 4:18 pm
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BioNTech's stock price is increasing due to the new wave of COVID-19 and rising hospitalizations.
BioNTech's stock price is directly influenced by the global COVID-19 situation. As the number of cases and hospitalizations increase, the demand for BioNTech's vaccine is expected to rise, which is likely to positively impact the company's stock price.
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