By Corey Mann Abbott Laboratories stock is lighting up the market this week. However, where did this spike come from? The health care and medical device company has received emergency FDA approval on their 5-minute coronavirus test.
Abbott Laboratories (NYSE:ABT) made the announcement on Friday, March 27th and the stock market responded quickly. The company will begin to ramp up production on their groundbreaking test, which makes their stock one to watch during the pandemic.
Why is Abbott Laboratories Stock Gaining So Much Traction?
Is this the first time you are hearing about Abbott Labs? If so, it will not be the last. The Illinois-based company …read more
