Pfizer May Go Bankrupt, Financial Markets Realize – Comment from Tuck Class of ’87 Graduate
Last Friday after the market closed Pfizer, in a Friday night special reminiscent of bank weekend bank closures during the GFC, issued a dire warning about its declining revenues. Its stock is now down sharply in 2023 and, as this incisive essay notes, trades 25% below levels of 5 years ago. A stunning denouement after […]
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