Pfizer, DuPont, and Intel Drive Higher
Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Pfizer (PFE) shares are higher this morning after it reported first quarter sales of $14.5 billion, topping the average Wall Street estimate of $13.8 billion, as demand for older blockbusters helped to offset a decline in revenues from Covid products. The company reaffirmed its 2026 sales guidance of $59.5 billion to $62.5 billion, in line with the average analyst expectation of $61 billion.
- DuPont (DD) shares are rising after it said it is raising its full-year guidance as the chemical conglomerate benefits from price increases taken in the wake of the US-Iran conflict.
- Intel (INTC) is higher this morning on news APple has held exploratory discussions with the company as well as Samsung about producing main processors for its devices in the US.
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