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Pfizer (PFE) Surges Amid Investor Talks and Legal Victory
PFEPfizer(PFE) Gurufocus·2024-10-09 14:52

Pfizer (PFE, Financial) experienced a 2.3% increase, reaching 29.85.TherisefollowsnewsthatPfizer′sCEOplanstomeetnextweekwithkeyleadersfromactivistinvestorStarboardValue.StarboardValuecurrentlyholdsapproximately29.85. The rise follows news that Pfizer's CEO plans to meet next week with key leaders from activist investor Starboard Value. Starboard Value currently holds approximately 1 billion in Pfizer stock and is advocating for changes to improve the company's performance.In addition, Pfizer and its German partner BioNTech secured a legal victory in the London High Court, invalidating two patents held by competitor CureVac. The disputed technology un ...