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Activist Starboard takes $1B stake in Pfizer

Reuters on MSN · 2h

Activist investor Starboard Value takes $1 billion stake in Pfizer, sources say

Activist investor Starboard Value has taken a stake of about $1 billion in Pfizer and wants the U.S. drug giant to make changes to turn its performance around, sources familiar with the matter said on Sunday.

Starboard Value takes $1 billion stake in Pfizer: Reports

An activist invester has taken interest in pharma giant Pfizer, which despite becoming a household name during the pandemic has struggled to move its stock.

Activist investor takes $1B stake in Pfizer, aims to turn around company

Citing people familiar with the matter, The Journal reported that Starboard approached former Pfizer CEO Ian Read and CFO Frank D’Amelio to assist in its plans.

Pfizer, Arcadium Lithium, Richemont

The Motley Fool · 4h

Why Pfizer Stock Popped on Monday

Pfizer ( PFE 3.18%) stock jumped 3.1% through 11:20 a.m. ET Monday morning in response to a Wall Street Journal article over the weekend, reporting on a $1 billion investment in the company by activist investor Starboard Value.

Wall Street Journal · 12h

Stocks to Watch Monday: Pfizer, Arcadium Lithium, Richemont

Activist investor Starboard Value has taken a roughly $1 billion stake in Pfizer and wants the struggling drugmaker to make changes to turn its performance around, [The Wall Street Journal reported](

Zacks.com on MSN · 7h

Is Trending Stock Pfizer Inc. (PFE) a Buy Now?

Pfizer (PFE) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.

7h

Pfizer Stock Slump: Will Starboard's Billion-Dollar Bet Spark Rebound?

Pfizer's stock has struggled due to declining demand for COVID-19 treatments, but activist investor Starboard's $1 billion ...

9h

Pfizer (PFE) Gets a Hold from J.P. Morgan

J.P. Morgan analyst Chris Schott maintained a Hold rating on Pfizer (PFE – Research Report) today and set a price target of $30.00. The ...

4d

Is Pfizer a Buy Right Now or a Value Trap?

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Pfizer Drops from Radio’s Top Spot As Q4 Ad Churn Begins

After a monster month of spot play, pharmaceutical giant Pfizer had a dramatic drop in the Media Monitors "Spot Ten" list for ...

Irish Examiner10m

Activist Starboard Value takes $1bn stake in Pfizer

The company’s covid vaccine and treatment more than doubled its revenue — to $100bn (€89.5bn) in 2022 from $42bn (€37.6bn) in ...

9hon MSN

Pfizer wins bid to invalidate GSK's patents over RSV vaccine

Pfizer on Monday won a bid in a London court to invalidate two of GSK's patents relating to a respiratory syncytial virus ...

InvestmentNews10h

Wall Street unsure about Pfizer, but Starboard just bought $1M stake

Activist investor Starboard Value has taken a stake of about $1 billion in Pfizer Inc. and is seeking to spur a turnaround of ...

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