Pfizer Tumbles, Xcel Energy Drops on Lawsuit, Comcast Gains
On this episode of Stock Movers:- Pfizer (PFE) tumbled after it forecast little to no sales growth next year, a warning sign as the drugmaker works rebuild its pipeline of hit drugs with a series of pricey acquisitions. Revenue in 2026 will be $59.5 billion to $62.5 billion, Pfizer said Tuesday in a statement. The midpoint of that range trails Wall Street’s $61.6 billion estimate and the $62 billion the company expects to report this year.- Xcel Energy (XEL) falls after Texas Attorney General Ken Paxton sued the company, accusing the utility company of “blatant negligence&rdquo…
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