Biontech Stock – BioNTech SE ADR falls Tuesday, underperforms market
The BioNTech SE ADR
slipped 1.09% to $218.17 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index
falling 0.20% to 4,246.59 and Dow Jones Industrial Average
falling 0.27% to 34,299.33. This was the ADR’s fourth consecutive day of losses. BioNTech SE ADR closed $34.61 short of its 52-week high ($252.78), which the company achieved on June 7th.
The ADR underperformed when compared to some of its competitors Tuesday, as AbbVie Inc.
rose 0.37% to $115.83 and Amgen Inc.
fell 0.56% to $239.85. Trading volume (2.0 M) remained 1.3 million below its 50-day average volume of 3.3 M.