Smaller Winter COVID Surge Puts Pressure on Pfizer

Reported about 4 hours ago

This winter, the US is experiencing a significantly smaller wave of COVID-19 cases, creating additional pressure on Pfizer to boost growth through its non-COVID treatments. Pfizer's stock prices have dropped as sales from COVID products decline sharply, while investors demand better performance from its cancer drugs. Despite expectations of a slight increase in earnings, the company may not see a resurgence in COVID cases as immunity builds among the population.

Source: YAHOO

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