During 2022, when the COVID-19 fears still raged across the nation, Pfizer reported a record $100 billion revenue stream.
CNBC revealed, “Pfizer’s combined sales from its COVID vaccine and antiviral treatment generated more revenue last year than it had in total sales in 2019, before the pandemic became a global crisis that killed more than 6.8 million people and upended world markets.”
That’s over.
The company’s stock plunged some 44% during 2023, “coming as more than 80% of people eligible to get the booster shot this fall opted not to get it,” according to the Post Millennial.
The report described the company’s stock as delivering “their worst performance in over a decade after the pharmaceutical giant put out a stark warning about its projected revenue as hysteria over the COVID-19 outbreak continues to wane.”
The company’s market cap has collapsed $150 billion just this year alone.
The company already is projecting that revenue could fall in 2024, bringing “grave concerns for Wall Street as to how Pfizer will be able to create new sources of sales growth,” the report said.
CEO Albert Bourla was the beneficiary of the COVID income, with the company’s Comirnaty shots and Paxlovid drugs bringing in tens of billions of dollars in sales.
But the news didn’t stay good.
“A new study by the University of Arizona Mel and Enid Zuckerman College of Public Health published in October found that over 80% of the people who were eligible to receive COVID booster shots last fall chose not to get them,” the report explained.
The company now hopes for 2024 revenue in the range of about $60 billion.
The company already has announced coming layoffs.
A Reuters report noted Pfizer could fail to meet Wall Street expectations in the coming year by as much as $5 billion.
Jeff Jonas, a portfolio manager for Gabelli Funds, warned, “They’re in a bad place honestly.”
IMPORTANT NOTE TO WND READERS: America – long the freest, most prosperous, powerful, altruistic and Christian nation on earth – is on the brink of destruction. Every decent and aware American adult knows this. The evidence is everywhere.
Democrat politicians today overwhelmingly favor late-term abortion up to the very moment of birth – formerly known as “infanticide.” They encourage children too young to drive or vote to have their breasts and/or sex organs amputated in pursuit of a “gender transition” that is both delusional and impossible, and which leads to staggering rates of depression and suicide. They have not just allowed, but ENGINEERED, a full-scale foreign invasion of America across her southern border.
Their standard bearer, President Joe Biden – a senile, pathologically dishonest and epically corrupt career political hack – is destroying America’s economy, energy sector, military, law enforcement, election integrity, national security, Constitution and overall national wellbeing as rapidly as possible. At the same time, Team Biden demonizes and, increasingly, IMPRISONS critics as “violent extremists,” “domestic terrorists,” “white supremacists” and “insurrectionists.” Indeed, they’re currently engaged in an obviously corrupt multi-front legal war against Biden’s chief political rival, Donald J. Trump, in an attempt to send the 45th president of the United States to prison for the rest of his life.
None of this constitutes “politics” in any conventional or traditional American sense. Rather, it is all darkly spiritual. The greatest nation on earth is in the throes of a full-blown spiritual war between good and evil.
The big question, then, is WHAT CAN BE DONE TO SAVE AMERICA? Fortunately, real answers and uncommon wisdom are showcased in the December issue of WND’s critically acclaimed monthly Whistleblower magazine, “CAN AMERICA BE SAVED? The world’s freest, most Christian nation is on the brink of destruction.”
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