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-0.000417536534446829 0.00083507306889351 0.00125260960334019 0.000313152400834937 -0.00913361169102296 -0.0132567849686849 -0.00866388308977049 -0.00542797494780804
Stock impact report

Is Abbott (ABT) the Best Oversold Blue Chip Stock to Buy? [Yahoo! Finance]

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: Yahoo! Finance
On April 10, Reuters reported that a jury in Chicago ruled that Abbott Laboratories (NYSE:ABT) must pay $70 million in damages to a group of families. The families had accused the company of failing to warn that its formula for premature infants could cause a potentially deadly bowel disease, according to a company spokesperson. The decision followed a lengthy trial. It is one of many cases, with hundreds of lawsuits claiming that Abbott's cow milk-based formula products for preterm infants are linked to necrotizing enterocolitis, or NEC. In this case, four families combined their lawsuits into a single trial. The jury found the company liable on April 9 and awarded $53 million in compensatory damages to the families, the spokesperson said. They returned the next day to consider punitive damages and awarded an additional $17 million. On April 8, 2026, Barclays raised its price target on Abbott to $144 from $142 and maintained an Overweight rating after updating its model to refle Show less Read more
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