Pfizer (PFE) Surges Amid Investor Talks and Legal Victory
Pfizer(PFE) Gurufocus·2024-10-09 14:52
Pfizer (PFE, Financial) experienced a 2.3% increase, reaching $29.85. 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 ...