Mixed Trading Takes BioNTech ADB Down
Losses Quadruple in Second Quarter
Stock Ends Monday Lower Despite Strong Session
Berlin, August 5 (Reuters) - BioNTech SE ADR (BNTX) experienced a decline of 0.22% to 80.62 on Monday, amid a mixed trading session. Despite closing 4.747% below its 52-week high of 125.83, the stock ended the day higher than its opening price.
On a separate trading day, BioNTech SE ADR slipped 1.90% to 78.83, bucking the positive trend in the overall market. This drop followed the release of financial results showing a quadrupling of losses in the second quarter compared to the same period the previous year.
Despite these setbacks, BioNTech remains an active player in the immunotherapy field, engaging in research and development of novel treatments.
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