Pfizer Shares Under Pressure: PFE Stock Dips Over 3% in Tuesday Trading

Shares of pharmaceutical giant Pfizer Inc. (PFE) faced selling pressure in morning trading on Tuesday, April 9th. As of 10:49:58 AM EDT, the stock was trading at $21.17 on the NYSE.

This price represents a significant downturn of $0.67, translating to a 3.06% decline for the session thus far. The stock opened the day at $21.11, already below its previous close of $21.84.

The intraday chart shows volatility, with the price establishing a day’s range between $20.92 and $21.44 up to that point. Trading volume was active, exceeding 25.6 million shares, compared to an average volume of nearly 48 million shares.

This movement places Pfizer’s stock under scrutiny as market participants evaluate the factors influencing the pharmaceutical sector and PFE specifically. The company carries an intraday market capitalization of approximately $120.15 billion.