Why Pfizer Stock Topped the Market on Tuesday

On Tuesday, investors continued to snap up shares of big pharmaceutical company Pfizer (PFE 1.51%). Somewhat counterintuitively, this week's rise came after the company announced it was ending the development of a drug in a very hot product category. On Tuesday, Pfizer's stock closed the day 1.5% higher, providing a pleasant contrast to the S&P 500 index's 0.2% dip.Weight loss drug not a lossTuesday was a relatively uneventful news day for Pfizer, especially following the pharmaceutical giant's disclosure o ...