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Rashmi Kumari

YOU WONT BELIEVE: Abbott stock analyst estimates ratings | Mind Blowing Facts

Abbott ABT Abbott Laboratories

Headquartered in North Chicago, Illinois, Abbott Laboratories (ABT) is a global leader in healthcare, specializing in discovering, developing, manufacturing, and distributing innovative medical solutions. Valued at $175.23 billion by market cap, Abbott is renowned for its pioneering diagnostic tools, transformative medical devices, and advanced nutritional offerings. ABT’s groundbreaking contributions include the FreeStyle Libre, a revolutionary continuous glucose monitoring system that has redefined diabetes management worldwide. 

Abbott shares significantly underperformed the broader market over the past year. The stock has declined 2.1% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 25.2%. In 2024 alone, the stock has lost 8.5%, compared to SPX's 10.4% gains on a YTD basis.

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