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Stock Details
  • PRICE$55.85
  • PRICE CHANGE$0.79
  • % CHANGE1.43%
  • TWEETS103
  • CONSENSUSSTRONG SELL

Trends

Course of Action

STRONG SELL

Sentiment (10 days)

  •  Strong Buy
  •  Buy
  •  Hold
  •  Sell
  •  Strong Sell

DAILY PRICE CHANGE VS SENTIMENT

  • BullishBullish
  • BearishBearish
  • SentimentSentiment
  • BarPrice

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Disclaimer: Past performance may not be indicative of future results. Therefore, you should assume that the future performance of any specific investment, investment strategy (including robo-strategies), or product made in reference directly or indirectly on this website, will be profitable or equal to corresponding indicated performance levels. Robot-Advisors like other investment methods rely on favorable market conditions to provide positive outcomes.

ABBOTT LABORATORIES (ABT) News

Abbott discontinues global sales of 1st-generation Absorb stents

Abbott Laboratories, one of the biggest makers of coronary stents, announced halting global sales of their fully absorbable stent-Absorb Bioresorbable Vascular Scaffold (BVS) citing low “commercial sales”.

Once hailed as the next big breakthrough in medical devices, the first-generation Absorb BVS, the first and only fully dissolving heart stent was approved by the US Food and Drug Administration (FDA) in July 2016 to treat patients with coronary artery disease.

The company said it is discontinuing all sizes of the Absorb bioresorbable vascular scaffold system, effective 14 September. The halt includes both the Absorb and Absorb Gt1 Bioresorbable Vascular Scaffold Systems.

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