Pfizer Stock Is Soaring Because Its Covid Antiviral Appears to Work Really, Really Well

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https://www.barrons.com/articles/pfizer-stock-covid-antiviral-51636111795

Updated Nov. 5, 2021 9:19 americium ET / Original Nov. 5, 2021 7:30 americium ET

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Pfizer banal soared aft the institution said its Covid-19 pill chopped the hazard of hospitalization oregon decease by 89% successful a proceedings of high-risk non-hospitalized adults, besting by a important borderline the efficacy of Merck‘s highly-touted Covid-19 pill molnupiravir.

Shares of Pfizer (ticker: PFE) jumped 12.2% successful premarket trading Friday, portion Merck (MRK) shares dropped 8.6%.

The...

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