Pfizer stock hits 52-week high at 27.7 USD
#Pfizer #Stock Market #Oncology #NYSE #Investment #Pharmaceuticals #52-week high
📌 Key Takeaways
- Pfizer Inc. shares hit a new 52-week high of $27.70 per share.
- The stock recovery follows a period of decline caused by decreasing demand for COVID-19 products.
- The market responded positively to Pfizer's acquisitions and its strategic focus on oncology.
- A $4 billion cost-cutting and realignment program has bolstered investor confidence in future margins.
📖 Full Retelling
🏷️ Themes
Finance, Pharmaceuticals, Stock Market
📚 Related People & Topics
Pfizer
American multinational pharmaceutical and biotechnology corporation
Pfizer Inc. ( FY-zər) is an American multinational pharmaceutical and biotechnology corporation headquartered at The Spiral in Manhattan, New York City. Founded in 1849 in New York by German entrepreneurs Charles Pfizer (1824–1906) and Charles F. Erhart (1821–1891), Pfizer is one of the oldest pharm...
Stock market
Place where stocks are traded
# Stock Market A **stock market**, also referred to as an **equity market** or **share market**, is the complex aggregation of buyers and sellers of stocks (shares). These financial instruments represent ownership claims on businesses and serve as a primary vehicle for capital allocation and corpor...
Oncology
Branch of medicine dealing with, or specializing in, cancer
Oncology, from Ancient Greek ὄγκος (ónkos), meaning "tumor, bulk", and λόγος (lógos), meaning "study", is a branch of medicine that deals with the study, treatment, diagnosis, and prevention of cancer. A medical professional who practices oncology is an oncologist. Oncology is focused on the diagnos...
New York Stock Exchange
American stock exchange
The New York Stock Exchange (NYSE, nicknamed "the Big Board") is an American stock exchange headquartered at the New York Stock Exchange Building in the Financial District of Lower Manhattan in New York City. It is the largest stock exchange in the world by market capitalization, exceeding $44 trill...
Investment
Set of actions with the intent of earning profit
# Investment **Investment** is the strategic commitment of resources to an asset or endeavor with the expectation of generating profit, increasing value, or achieving a favorable return over a specified period. ### Definitions and Perspectives The concept of investment can be interpreted through ...
🔗 Entity Intersection Graph
Connections for Pfizer:
- 👤 Scott Gottlieb (2 shared articles)
- 🏢 UnitedHealth Group (2 shared articles)
- 🌐 Face the Nation (2 shared articles)
- 🏢 Food and Drug Administration (2 shared articles)
- 👤 Margaret Brennan (1 shared articles)
- 🌐 Pharmaceutical industry (1 shared articles)