The Kingston Report

The Kingston Report

Pfizer Lost $140 Billion in Market Cap in 2023. Expects 2024 to Be Even Worse.

Pfizer plummeted 6.7% yesterday, losing over $140 billion in market cap so far this year and expects 2024 to be even worse in regards to missing forecasted profits and revenues.

Karen Kingston's avatar
Karen Kingston
Dec 14, 2023
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December 14, 2023: According to the Wall Street Journal, Pfizer stock (PFE) plummeted another 6.7% yesterday, closing at its lowest share price in over 9 years.

The WSJ states that Pfizer lost over $140 billion in market cap so far this year and expects 2024 to be even worse in regards to missing forecasted profits and revenues.

Knowledge is Power. Consid…

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