Neus ยท Neutral News Analysis
GSK Shares Fall Amid Declining Vaccine Sales and Profit Drop
GSK reported a 19% drop in pre-tax profit for the third quarter, driven by restructuring charges and falling sales for key shingles and RSV vaccines. Despite beating some financial expectations, the pharmaceutical giant's weaker outlook and upcoming patent losses unsettled investors, causing its shares to slide.
Referenced News Coverage (2 sources)
- GSK sees falling vaccine sales take shine off earnings (The Independent UK)
- GSK shares dive as weaker vaccine sales unnerve investors (The Guardian)