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santafe2

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santafe2

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Tuesday, 08/01/2023 6:05:47 PM

Tuesday, August 01, 2023 6:05:47 PM

Post# of 110731
Big pharma was down today after Pfizer and Merck under performed.

Pfizer
Pfizer (PFE) shares fell 1.3% after reporting weaker-than-expected revenue for the second quarter, due to a slump in demand for its COVID products.

Merck
Merck (MRK) shares lost 1.3% after the company released its second quarter earnings. While revenue beat expectations due to strong sales of its cancer drug Keytruda and HPV vaccine Gardasil, the acquisition of biotech company Prometheus Biosciences drove the company to a loss.

Rule #1, Don't lose money. Rule #2, read rule #1. - WB.

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