Your email has been successfully added to our mailing list.

×
-0.000566397198908322 -0.000669378507800811 -0.000257453272231149 -9.98918696256131E-05 5.14906544461712E-05 -0.000514906544462151 -0.00314092992121922 -0.000772359816693299
Stock impact report

U.S. baby formula supply is still vulnerable, former FDA official tells lawmakers [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
that left parents scrambling to feed their children, a former Food and Drug Administration official told U.S. lawmakers on Tuesday. “It is my view that the state of the infant formula industry today is not much different than it was then,” Frank Yiannas, the agency's former deputy commissioner for food policy, said during testimony before a subcommittee of the House Oversight Committee. Yiannas helped lead the FDA's response to the shortage before resigning earlier this year. “In other words, the nation remains one outbreak, tornado, flood, or cyber-attack away from finding itself in a similar place to that of February 17, 2022,” he added. The FDA announced a nationwide recall that day of Abbott Nutrition 's popular Similac, Alimentum and EleCare baby formulas that sparked the nationwide shortage. The infant formula was recalled after several infants became sick with bacterial infections and two died. He said the agency was slow to act when those concerns about contamination a Show less Read more
Impact Snapshot
Event Time:
ABT
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for
ABT alerts

from News Quantified
Opt-in for
ABT alerts

from News Quantified