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Small-cap biotech Jaguar Health’s stock jumps 4% as it launches gelclair treatment for oral mucositis in cancer patients16/10/2024
Abbott Labs beats Q3 sales and earnings expectations, raises full-year outlook16/10/2024
Verisk estimates insured losses to onshore property from Hurricane Milton will range from $30 billion to $50 billion16/10/2024
Ingram Micro sets IPO terms, which could value the IT company at $5.4 billion15/10/2024
Albertsons’ stock climbs on Q2 earnings and revenue beat15/10/2024
Walgreens plans to close 1,200 stores, and its stock is moving higher after earnings15/10/2024
Southwest’s stock rises after activist Elliott calls special meeting to elect new board14/10/2024
Nobel economics prize awarded to three who studied wealth of nations14/10/2024
Nobel Peace Prize awarded to Japanese atomic bomb survivors11/10/2024
Delta’s stock drops after a profit miss and downbeat outlook on revenue growth10/10/2024

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Embattled Abbott Labs comes through with a strong quarter, buyback announcement

Earnings Market Analysis

Embattled Abbott Labs comes through with a strong quarter, buyback announcement

October 16, 2024

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Abbott Labs delivered for investors who stuck with the stock despite legal woes that emerged earlier this year.

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