Pfizer Stock’s Fall to ’97 Level Lifts Yield Near 8%. Dividend Looks Safe.
In This Article:
Pfizer stock fell to the lowest closing price since 2012, putting its yield near 8%, after cautious comments from a UBS analyst ahead of the company’s quarterly earnings on April 29. Pfizer shares declined 3.5% to $21.84 after hitting a new 52-week low of $21.44. All that has resulted in a generation of frustration for investors in what once was the top drug company in the world by market value.
Terms and Privacy Policy