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Watch These Pfizer Price Levels as Stock Gains After Report of Starboard Taking Stake
PFEPfizer(PFE) Investopedia·2024-10-08 12:35

Source: TradingView.com.Key TakeawaysPfizer shares have gained ground since a report over the weekend said that activist investor Starboard Value has taken a roughly $1 billion stake in the drug maker and is pushing for changes.The stock has formed a cup and handle, a chart pattern signaling a potential bullish reversal.Investors should watch higher price levels on Pfizer's chart around $31.75, $34.75, $37, and $39.75, while also monitoring the $28.25 support area. Pfizer (PFE) shares have gained ground s ...