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BioNTech Stock Climbs. Earnings Blew Past Expectations.

Shares of the Covid-19 vaccine maker BioNTech took off early Monday after the company reported quarterly financial results that were far stronger than Wall Street expected.

BioNTech (ticker: BNTX) said in a press release detailing its second-quarter earnings that it and its partner Pfizer (PFE) had shipped around a billion doses of their Covid-19 vaccine as of late July. It said the companies have signed orders for delivery of more than 2.2 billion doses this year, echoing an update Pfizer made late last month.

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