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Pfizer’s COVID-19 Pill Has Mixed Results for Healthcare ETFs

By: ETF Trends

November 05, 2021 at 16:29 PM EDT

Pfizer (NYSE: PFE) is seeking FDA approval for a COVID-19 pill that is highly effective against severe cases of the coronavirus, lifting pharmaceutical sector-related exchange traded funds but dragging on biotech-related ETFs with exposure to some of the company’s biggest competitors. On...

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