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Activist Investor Starboard Value Takes $1B Stake in Pfizer

MarketWatch on MSN · 50m

Pfizer’s bondholders cheer news of activist investor Starboard’s $1 billion investment

Pfizer Inc.’s stock gained Monday after a report that activist investor Starboard Value has invested $1 billion in the drug company. Bondholders seem to like the news too.

Activist Investor Starboard Carves $1B Stake in Pfizer, Enlists Former CEO for Help

Pfizer in recent months has implemented aggressive cost-cutting measures to help it weather the steep decline in sales of its COVID-19 products.

Activist investor Starboard Value takes $1 bln 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.

Pfizer, Arcadium Lithium, Richemont

The Motley Fool · 1d

Why Pfizer Stock Popped on Monday

How Pfizer got itself in a pickle. As the Journal explains, Pfizer bet big on vaccines to protect people from COVID, but as the pandemic waned, so did interest in (and sales of) i

Wall Street Journal · 1d

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](

Barron's on MSN · 1d

These Stocks Are Moving the Most Today: Pfizer, Apple, Amazon, Arcadium Lithium, Tesla, Netflix, Duckhorn, and More

Activist investor Starboard has taken a $1 billion stake in Pfizer, according to a report, Apple and Amazon shares are downgraded, and Rio Tinto approaches Arcadium Lithium about a potential acquisition.

5hon MSN

Watch These Pfizer Price Levels as Stock Gains After Report of Starboard Taking Stake

Key Takeaways Pfizer shares have gained ground since a report over the weekend said that activist investor Starboard Value ...

17h

Meet Jeff Smith, the hedge-fund investor taking on Pfizer

Since 2011, Starboard Value's Jeff Smith has extracted board seats and profits from corporate America — by force if necessary ...

1d

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 ...

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