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0 8.26582906265921E-05 0 -0.000247974871879659 8.26582906265921E-05 0.000165316581253067 0.000165316581253067 0.000165316581253067
Stock impact report

Abbott Laboratories CEO calls post-earnings stock decline ‘a little bit of an overreaction' [CNBC]

Abbott Laboratories (ABT) 
Last abbott laboratories earnings: 4/16 07:30 am Check Earnings Report
US:NYSE Investor Relations: abbott.com/investors.html
Company Research Source: CNBC
a Thursday interview with CNBC's Jim Cramer, saying that Wall Street's reaction to the results was too extreme. “I think this is a little bit of an overreaction. Of course, we are all over this,” Ford said. “We're focused on this, but the fundamentals of the entire rest of the company are pretty much intact, and this is just really a point in time that we have to get through.” CEO Robert Ford unpacked his company's latest quarterly in a Thursday interview with CNBC's , saying that Wall Street's reaction to the results was extreme. “I think this is a little bit of an overreaction. Of course, we are all over this,” Ford said. “We're focused on this, but the fundamentals of the entire rest of the company are pretty much intact, and this is just really a point in time that we have to get through.” While Abbott posted a top and bottom line beat for the second quarter, investors were disappointed that the company tightened its full-year earnings guidance. Shares were down more than Show less Read more
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