Pfizer shares fall as 2024 revenue and profit forecast disappoints

Shares of Pfizer fell Wednesday after the drugmaker forecast 2024 revenue and profit below Wall Street's expectations, as it sees weak demand for its once-blockbuster Covid products. Pfizer also raised the target of its sweeping cost-cutting plan by $500 million, bringing the anticipated total to…#pfizer #refinitiv #pfizercfo #davedenton #seagen #merck #bristolmyerssquibb #abbvie

Source: Reuters: Health - December 13, 2023 Category: Consumer Health News Source Type: news