Teva Pharmaceutical Industries Ltd. (TEVA)

Teva Pharmaceutical Industries Ltd. (TEVA)

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Teva Pharmaceutical Industries Ltd Profile

Teva Pharmaceutical Industries Ltd (TEVA.xnys) is an Israeli multinational pharmaceutical company headquartered in Petah Tikva, the State of Israel. TEVA focuses on developing, producing, and marketing affordable, high-quality generic drugs and specialty pharmaceuticals. Teva Pharmaceutical is currently the eighth-largest pharmaceutical company globally. Teva Pharmaceutical Industries Ltd employs more than 40,200 professionals in its facilities in Israel and across four continents. In its over 120 years of experience, the Israeli pharmaceutical pioneer has developed a product portfolio of more than 1,800 molecules and 510 drugs. Teva Pharmaceutical Industries Ltd (TEVA.xnys) is traded on the Tel Aviv Stock Exchange (TASE), on the New York Stock Exchange, has a $35.19B (USD) market cap and $16.89B (USD) yearly revenue. Despite TEVA’s long history of fraudulent marketing, price-fixing, and price manipulation, mainly in the United States market, the company’s share price (TEVA.xnys) has increased by 2.87% in value since last year.

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Each investor owning shares of a company is also owning fragments of the company. A quite simple way to explain what a stock is is basically when a company divides itself into several shares and then it makes a part of these equities available to the public, at a price. Each investor owning shares of a company is owning fragments of the company.

While shares represent units of ownership within a company Contracts for Difference (CFDs) allow traders to speculate on the future share price fluctuations of an underlying asset. Thus when trading CFDs traders do not physically own the underlying asset. CFDs are available for a range of underlying assets, such as shares, commodities, and foreign exchange, and indices.

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