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Stock impact report

Pfizer Stock Falls to New 52-Week Low: Should You Buy the Dip? [Yahoo! Finance]

Pfizer, Inc. (PFE) 
Last pfizer, inc. earnings: 4/28 06:45 am Check Earnings Report
Company Research Source: Yahoo! Finance
Though the stock has seen ups and downs in the past year, the latest price decline is largely due to the global uncertainty caused by the tariff war. With the Trump administration imposing sweeping tariffs, fears of a global recession resulted in a stock market rout worldwide. Though pharmaceuticals have been exempted from tariffs this time around, they could well be Trump's target in the next round, considering the President's goal to shift pharmaceutical production back to the United States, mostly from European and Asian countries. Early on Wednesday, Trump said that a “major” tariff on pharmaceutical imports would be announced soon, which hurt Pfizer, Merck, AbbVie ABBV, Eli Lilly LLY and many other drug stocks in the early hours of trading. However, the stocks recovered significantly and closed higher after Trump tweeted about a 90-day pause on reciprocal tariffs for all countries but China. Moreover, stocks of vaccine makers like Pfizer, BioNTech BNTX, Moderna and Novavax h Show less Read more
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