Pfizer shares tumbled again Monday, continuing the pharmaceutical giant’s struggles tied to declining demand for its Covid-19 products and essentially wiping out the entirety of the firm’s peak pandemic gains.
Chief executive Bjorn Gulden said the scenario is “financially the worst case.”
The five billionaire Lauder heirs correspondingly lost a combined $2.9 billion Wednesday.
The company said its Okta authentication service was not targeted and remains unaffected by the hack.
Alphabet brought in a robust $59.6 billion in ad revenue last quarter but Wall Street soured on weaker than anticipated profits in the company’s cloud business.
Netflix reported nine million net subscriber additions exceeded analyst estimates.
The 249-year-old German sandal maker proved to be an unwanted debutante, underperforming Arm, Instacart and Klaviyo’s 15% average rise in their September debuts.
LVMH reported a major slump in growth in its third-quarter results amid weakening demand for luxury goods.
General Motors shares tanked again Thursday as a possible issue with its airbags added to negative concerns over the auto workers strike for the limping legacy American automaker.
The company, which has launched an investigation into the attack, said Friday it could not yet confirm whether the leaked information is real.