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Stock impact report

WHOOP Health Platform Gets Glitzy Investors, Makes Big Promises [Forbes]

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: Forbes
The company's wearable connects to an analystics platform that promises its data will do nothing less than help users “extend healthspan, optimize performance and prevent disease before it begins.” That potential won WHOOP a Series G investment of $575 million and a valuation of $10.1 billion from, in the company's words, “the world's most sophisticated investors, leading health institutions and iconic global athletes.” The name-dropping is impeccably impressive. On the sports side, a partial list includes LeBron James, one of the greatest basketball players in history; Cristiano Ronaldo, a candidate for that same honor in what we call soccer and the rest of the world calls football; and Rory McIlroy , who during his career was ranked the number one golfer in the world for over 100 weeks. On the finance side there is the Qatar Investment Authority; the Mubadala Investment Company, the sovereign wealth fund of the United Arab Emirates; and Abu Dhabi's giant 2PointZero Group. To show Show less Read more
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