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Why BioNTech Leaped Nearly 7% Higher Today

TheMotleyFool

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Model coronavirus stock BioNTech (NASDAQ: BNTX) shot 6.6% higher Friday. This was due to encouraging news about the coronavirus vaccine BNT162b2, which it developed with Pfizer (NYSE: PFE). A big pronouncement by a major health authority also helped.

In a 175-participant study of elderly patients who had received both doses of the two-jab BNT162b2, British researchers found that it actually induces a stronger antibody response when the two shots are spaced further apart than recommended -- 12 weeks rather than the three of official guidance.

Image source: Getty Images.

Source Fool.com

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