January 11th, 2022 | 11:36 CET
Trading stocks in focus: BioNTech, Darktrace, EXMceuticals
Tuesday is under a good omen on the stock market after a failed start to the week. Germany's leading index, the DAX, is trading at 15,961 points, up around 0.32%, but has not yet made it above the psychological 16,000 mark. The MDAX last traded at 34,713 points (+0.42%), TexDAX at 3,661 points (+1.09%) and SDAX at 15,913 points with 0.66% in the plus.
time to read: 1 minutes
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Author:
Mario Hose
ISIN:
BIONTECH SE SPON. ADRS 1 | US09075V1026 , Darktrace PLC | GB00BNYK8G86 , EXMCEUTICALS INC. | CA30207T1049
Table of contents:
Author
Mario Hose
Born and raised in Hannover, Lower Saxony follows social and economic developments around the globe. As a passionate entrepreneur and columnist he explains and compares the most diverse business models as well as markets for interested stock traders.
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Security software is in demand
BioNTech, a biotech company based in Mainz, Germany, is currently the most frequently traded stock on Tradegate with over 1,500 trades at EUR 201.10 and a change of -0.64%. The share of cyber security company Darktrace has the highest gain on Tradegate with an increase of +18.75%. The shares last changed hands at EUR 5.70.
Will EXMceuticals become a SPAC?
Canadian company EXMceuticals announced after yesterday's close that the originally planned transaction with Global Cannabinoids had to be cancelled due to difficult conditions in the cannabis market. At the same time, Jonathan Summers is stepping down as CEO, but will remain on board as chairman of the company. Julie Lemieux has been named the company's new CEO to evaluate alternative business opportunities, according to the release. It sounds like EXMceuticals will be looking for a new use after commencing trading as a special purpose acquisition company (SPAC).
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