Pfizer falls on struggling sales
US pharma giant Pfizer (NYSE: PFE) missed Wall Street estimates not just for its overall sales figure for the first quarter of 2018, but also with the figures for its leading drugs.
There was a bright spark in the shape of stronger-than-expected sales of the pneumonia vaccine Prevnar, but overall the results were down on market expectations, with shares falling 4% to $35 in 90 minutes of trading on Tuesday.
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