Home Financial Markets Pfizer (PFE), BioNTech (BNTX) Rise On Vaccine Development, Tesla (TSLA), General Motors...

Pfizer (PFE), BioNTech (BNTX) Rise On Vaccine Development, Tesla (TSLA), General Motors (GM) Surged For S&P 500 News

BioNTech SE (BNTX) was up 4 percent while Pfizer Inc (PFE) rose 0.78 percent on Wednesday. American Pfizer and its German partner BioNTech, recently outperformed by Moderna Inc (MRNA) (-4.5 percent), revealed on Wednesday that their Covid-19 vaccine candidate was actually 95 percent successful, according to the final review of phase 3 clinical trials. In the coming days, both laboratories plan to file with the FDA an emergency authorization application in the United States.

Earlier this month, Pfizer and BioNTech revealed phase 3 intermediate results of their latest coronavirus vaccine that showed efficacy of more than 90 percent seven days after the second dose. Both groups have now completed their vaccine candidate Phase 3 study, meeting all of the key requirements for efficacy. For its part, according to preliminary results of its Phase 3.4 trial, Moderna announced on Monday a 94.5 percent efficacy of its vaccine candidate.


3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free

Sponsored


In the coming days, Pfizer and BioNTech have stated that they plan to send their emergency marketing request to the FDA and exchange data with other regulatory agencies worldwide. In 2020, the partners expect to manufacture up to 50 million vaccine doses worldwide and up to 1.3 billion doses by the end of 2021.

On Wednesday, Tesla Inc (TSLA) continued its gain by rising 10.2 percent which has already boosted on Tuesday (up 8.2 percent at close) by the announcement of its forthcoming entry into the large S&P 500 index. The stock is rated favorable by Morgan Stanley, which has just lifted its recommendation from ‘Equal Weight’ to ‘Overweight’ and raised its price target from $360 to $540.

The Detroit automaker, General Motors Company (GM) added 1.76 percent on Wednesday as it is expected to unveil on Thursday details of a large strategy in the electric vehicle market to convince investors that it can be a better match to compete with Tesla. At least that’s what Reuters was told by people close to the situation.

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

Must Read

Palatin Technologies Inc. (PTN) stock rises during pre-market trading. What has been happening lately?

Palatin Technologies Inc. (NASDAQ: PTN) stock declined by 1.16% the last close whereas the PTN stock price gains by 3.91% in the pre-market trading...

Smith Micro Develops Inc. (SMSI) stock soars during current market trading. Here’s to know why?

Smith Micro Develops Inc. (NASDAQ: SMSI) stock surged by 2.39% during the current market trading session. Smith Micro creates software that simplifies and improves...

Drive Shack Inc. (DS) stock soars during after-hour trading, followed by no recent update

Drive Shack Inc. (NASDAQ: DS) stock declined by 3.94% at last close while the DS stock-price surged by 7.38% in the after-hour session. Drive...

SPX Flow Inc. (FLOW) stock surged during current market. Here’s why the stock is sky-rocketing?

SPX Flow Inc. (NASDAQ: FLOW) stock gained by 24.24% in the current market trading session. SPX FLOW, based in Charlotte, works to make the...

Platinum Group Metal Ltd. (PLG) stock surges during after-market trading. Here’s to know what’s happening?

Platinum Group Metal Ltd. (NASDAQ: PLG) stock declined by 8.54% at last close whereas the PLG stock price gains by 7% in the after-market...

TD Holdings Inc. (GLG) stock gains during current market trading. Here’s the recent update

TD Holdings Inc. (NASDAQ: GLG) stock gains by 5.01% in the current market trading session. TD Holdings, Inc. is a service provider in China...

Palatin Technologies Inc. (PTN) stock rises during pre-market trading. What has been happening lately?

Palatin Technologies Inc. (NASDAQ: PTN) stock declined by 1.16% the last close whereas the PTN stock price gains by 3.91% in the pre-market trading...

NeuroMetrix Inc. (NURO) stock plunged during pre-market. Let’s find out why?

NeuroMetrix Inc. (NASDAQ: NURO) stock gained by 18.89% at last close while the NURO stock price losses by -4.12% in the pre-market trading session....

Related News

Nova Lifestyle Inc. (NVFY) stock fell during current market trading. Here’s what you should know?

Nova Lifestyle Inc. (NASDAQ: NVFY) stock fell by 30.37% during the current market trading session. Nova Living, Inc. is a well-known, forward-thinking designer and...

Why did Jupiter Wellness Inc. (JUPW) stock plunge in the after-hours?

Jupiter Wellness Inc. (JUPW) shares declined 9.76% in after-hours on Monday, July 19, 2021, and closed at $3.70. Earlier in the morning session on...

Mitcham Industries Inc. (MIND) stock plunged during current market. What’s driving it low?

Mitcham Industries Inc. (NASDAQ: MIND) stock declines by 0.52% in the current market trading session. MIND Technology serves the oceanographic, hydrographic, defense, seismic, and...

Property Solutions Acquisitions Corp. (PSAC) stock soars during pre-market trading. Let’s see why?

Property Solutions Acquisitions Corp. (NASDAQ: PSAC) stock gained by 6.94% at last close while the PSAC stock price surged by 7.84% in the pre-market...

Why did RADA Electronic Industries Ltd. (RADA) stock plunge in the after-hours on Friday?

RADA Electronic Industries Ltd. (RADA) shares lost 7.56% in after-hours on Friday, July 16, 2021, and closed at $11.50 per share. Earlier in the...

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

SPECIAL GIFT

WE HAVE A GIFT FOR YOU

Download Free eBook For

7 GROWTH STOCKS FOR 2021

100% free. stop anytime no spam