BioNTech’s Momentum Trade: Riding a Rival’s Coattails Into Overbought Territory

The numbers tell a story of remarkable velocity. BioNTech shares closed Thursday at €94.80, then jumped 7.2 percent on Friday to €101.60. Over seven trading sessions, the gain compounds to roughly 23 percent, while the one-week figure stretches to 26 percent. Yet the trigger had nothing to do with BioNTech’s own laboratories. The catalyst came […] The post BioNTech’s Momentum Trade: Riding a…