Shares of BioNTech SE (BNTX) are moving down about 22 percent during Tuesday morning trading following the announcement of net loss in the fourth quarter, and co-founders Ugur Sahin and Özlem Türeci's decision to establish an independent biotechnology company
The company's stock is currently trading at $80.24, down 21.48 percent or $21.54, over the previous close of $102.16 on the Nasdaq. It has traded between $79.52 and $124.00 in the past one year.
For the fourth quarter, net loss was 305.0 million euros, compared to a net income of 259.5 million euros a year ago. Moreover, the company lowers its financial guidance for fiscal year 2026, anticipating total revenues of 2.0 billion euros to 2.3 billion euros, compared to 2.87 billion euros in fiscal 2025.
Meanwhile, Ugur Sahin and Özlem Türeci will transition into the management of their new company by the end of 2026 after their current service agreements end. BioNTech's Supervisory Board has initiated an executive search to identify successors for the positions to ensure a smooth transition.
For comments and feedback contact: editorial@rttnews.com
Business News
April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.