Drugmaker Pfizer $PFEsaid-1.9%its North Carolina plant, one of the largest sterile injectable manufacturing facilities in the world, suffered severe damage from a tornado... Hopefully this will only be a short-term problem, as this plant produces nearly 30% of the company's sterile injectables.
The stock hasn't reacted to the news yet, so we don't have a chance to buy.
Pfizer
PFECapital Structure
Market Cap
158.6B
Enterpr. Val.
227.4B
Valuation
P/E
-559.8
P/S
2.9
Interesting I didn't even know about that. I have been looking at this company and plan to buy its stock next week.
Minor update: About 50,000 drugs were destroyed there + a look at the current state of the factory👇
https://twitter.com/WallStreetSilv/status/1681786177844543497?s=20
It's not going to be a major restriction, they're just pieces of sheet metal, it'll get fixed ;)
$PFE-1.9% can definitely be bought at current prices. 😊😊
I don't think that would be restrictive for a company that big.
I've seen pictures from there, about a quarter of the building or the complex was damaged. That shouldn't shut down or jeopardize operations.