PFE - Why Pfizer's Falling but Harley's Riding Higher Tuesday
Investors were a little nervous on Tuesday morning, as they wait for more indications about the health of the global economy. As of just before 10 a.m. ET, the Dow Jones Industrial Average (DJINDICES: ^DJI) was up 91 points to 35,182. However, the S&P 500 (SNPINDEX: ^GSPC) had fallen 6 points to 4,478, and the Nasdaq Composite (NASDAQINDEX: ^IXIC) had dropped 8 points to 14,008.
Earnings season continued on Tuesday, and some high-profile companies saw their stock prices move in different directions. Pharmaceutical giant Pfizer (NYSE: PFE) lost ground after announcing its latest quarterly financial results, but motorcycle legend Harley-Davidson (NYSE: HOG) got a nice boost to its share price. Let's take a closer look at what each of these companies said.
Shares of Pfizer were down more than 4% on Tuesday morning. The pharma company 's fourth-quarter results closed a stellar year for the business, but nervousness about Pfizer's future prospects weighed on investor sentiment.
For further details see:
Why Pfizer's Falling but Harley's Riding Higher Tuesday