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Pfizer faces pressure

Reuters on MSN · 5h

Activist investor Starboard Value takes $1 billion stake in Pfizer, sources say

Activist investor Starboard Value has taken a stake of about $1 billion in Pfizer and wants the U.S. drug giant to make changes to turn its performance around, sources familiar with the matter said on Sunday.

Business Insider on MSN · 13h

Activist investor Starboard has informed Pfizer it has taken a stake

Starboard Value has taken a stake in Pfizer, people familiar with the matter said.The drug giant's stock price has dropped significantly since its COVID-19 vaccine rollout.Starboard's stake in Pfizer is reportedly worth about $1 billion.

Activist investor takes $1B stake in Pfizer, aims to turn around company

Citing people familiar with the matter, The Journal reported that Starboard approached former Pfizer CEO Ian Read and CFO Frank D’Amelio to assist in its plans.

GSK, Pfizer and RSV

Pfizer wins bid to invalidate GSK's patents over RSV vaccine

Pfizer on Monday won a bid in a London court to invalidate two of GSK's patents relating to a respiratory syncytial virus (RSV) vaccine.

Pfizer Wins London Court Battle, GSK's Respiratory Syncytial Virus Vaccine Patents Invalidated

Pfizer Inc. (NYSE:PFE) stock is trading higher with a session volume of 31.16 million as per data from Benzinga Pro. Activist investor Starboard Value has invested approximately $1 billion in Pfizer as the pharmaceutical giant grapples with a downturn in demand for COVID-19 vaccines and treatments.

Seeking Alpha on MSN · 8h

U.K. court rules in Pfizer's favor in GSK RSV vaccine dispute: report

Pfizer (NYSE:PFE) has reportedly succeeded in getting a U.K. court to invalidate two of GSK’s (NYSE:GSK) patents for its RSV vaccine. The ruling is part of ongoing litigation between the two drugmakers over their respective RSV vaccines.

23m

Meet Jeff Smith, the hedge-fund investor taking on Pfizer

Starboard Value's Jeff Smith has extracted board seats and profits from corporate America — by force if necessary.

7hon MSN

Why Pfizer Stock Popped on Monday

Pfizer ( PFE 3.18%) stock jumped 3.1% through 11:20 a.m. ET Monday morning in response to a Wall Street Journal article over ...

10h

Pfizer Stock Slump: Will Starboard's Billion-Dollar Bet Spark Rebound?

Pfizer's stock has struggled due to declining demand for COVID-19 treatments, but activist investor Starboard's $1 billion ...

Pfizer Drops from Radio’s Top Spot As Q4 Ad Churn Begins

After a monster month of spot play, pharmaceutical giant Pfizer had a dramatic drop in the Media Monitors "Spot Ten" list for ...

4d

Is Pfizer a Buy Right Now or a Value Trap?

Founded in 1993, The Motley Fool is a financial services company dedicated to making the world smarter, happier, and richer.

12h

Pfizer (PFE) Gets a Hold from J.P. Morgan

J.P. Morgan analyst Chris Schott maintained a Hold rating on Pfizer (PFE – Research Report) today and set a price target of $30.00. The ...

InvestmentNews13h

Wall Street unsure about Pfizer, but Starboard just bought $1M stake

Activist investor Starboard Value has taken a stake of about $1 billion in Pfizer Inc. and is seeking to spur a turnaround of ...

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