Pfizer Falls, Paypal Gains, Stubhub Falls After Ratings Downgrade
On this episode of Stock Movers:
- Pfizer (PFE) shares fall after Pfizer forecasted little to no sales growth next year as the drugmaker undertakes an effort to refresh its pipeline of hit drugs with a series of pricey acquisitions.
- Paypal (PYPL) shares gain after the company applied to become a bank in the US by submitting applications to the Federal Deposit Insurance Corp. and the Utah Department of Financial Institutions.
- Stubhub (STUB) shares fall after the company received a downgrade at Citizens, which predicts that the ticketing platform will face more robust competition in 2026 and flagged headwinds from regulation
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