BNTX +11% on info that I presume is related to ESMO.
The 11% gain in the BNTX’s share price and market cap equates to a roughly 40%(!) increase in BNTX’s enterprise value because the BNTX has a whopping $17B in net cash.
“The efficient-market hypothesis may be the foremost piece of B.S. ever promulgated in any area of human knowledge!”