Why Pfizer Stock Popped Today
Pfizer(PFE) The Motley Fool·2024-10-09 22:14
The sharp, sudden entry of an activist investor is raising hopes that change might come to the company.Pfizer (PFE 3.46%) was a stock on the move Wednesday, and not because of any news generated by the healthcare company. Reports of a meeting between Pfizer's leader and an activist investor breathed life into the stock, which closed the day more than 3% higher in price. That gain well exceeded the 0.7% increase of the S&P 500 index.An activist meeting is apparently imminentLate afternoon on Tuesday, the Fin ...