This is suspicious!
Does anyone think this move is suspicious? No one asked for any guidance. So the PFE just decides to restate the guidance at a spot of support (15-year support line) in the chart and around yearend. I also wonder if it had anything to do with Seagen purchase. Sometimes, you have to pull company stock down to get a better deal. PFE broke a 15-year support line. This line should have held.
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QMengColdJoke : They don’t need and people typical won’t, until next earnings. Although merging balance sheet is just adding two tables together, merging two FP&A outlooks requires extensive extra work, because two need to use the SAME assumptions.