Abbott Laboratories (ABT)
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- MoneyWise
Not ‘Putin’s price hike’: Fed chair contradicts Biden, says inflation was 'certainly' high before Russia’s Ukraine invasion. Protect yourself
High inflation could be here to stay. Make the necessary adjustments.
- Zacks
Abbott (ABT) Gains But Lags Market: What You Should Know
In the latest trading session, Abbott (ABT) closed at $106.21, marking a +0.73% move from the previous day.
- Reuters
UPDATE 1-FDA probes one more infant death potentially related to Abbott baby formula
The U.S. Food and Drug Administration (FDA) said on Wednesday it was notified of one more infant death in January potentially related to Abbott Laboratories' baby formula and the agency has started an investigation. Abbott initiated a recall of its baby formula products and closed its Michigan plant in February after reports of serious bacterial infections in four infants, worsening a shortage among multiple manufacturers that began with pandemic supply chain issues. The FDA said it had previously received reports of nine infant deaths, of which two were associated with the Michigan plant investigation.
