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Pfizer Inc. Message Board

  • c300man c300man Feb 1, 2013 2:30 PM Flag

    Effect of Zoetis perfomance for Pfizer

    Just curious what others may think about the indirect effect of Zoetis performance on PFE's price. I believe PFE has approximatly 400 million shares of Zoetis so today the value of those shares increased by about $2 billion (nearly as much as the $2.2 billion from the IPO).
    Outside of other influences would this $2 billion gain be expected to positively affect PFE's share price but of course spread over 7 billion PFE shares. In this case it would amount to $0.25 / share when just considering the extra value of PFE because of how well Zoetis did today.

    Sentiment: Hold

32.79-0.08(-0.24%)Nov 27 1:00 PMEST