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Started By
Message
Abbott Laboratories $ABT
Posted on 5/12/22 at 5:13 pm
Posted on 5/12/22 at 5:13 pm
Thoughts on Abbott Laboratories stock with the baby formula shortage? It’s almost at 52WL.
Waiting on FDA approval to resume production at Michigan plant.
Waiting on FDA approval to resume production at Michigan plant.
2
Posted on 5/12/22 at 5:22 pm to HogBalls
What’s holding up the approval process?
Also obligatory meme around FedGov’s dislike of American citizens:
Also obligatory meme around FedGov’s dislike of American citizens:
Posted on 5/12/22 at 5:26 pm to dewster
quote:
What’s holding up the approval process?
Governments desire to ruin this country
Posted on 5/13/22 at 7:23 pm to HogBalls
With all of Abbott's products, how much in baby formula sales contribute to its total sales number? Seems they are well diversified in products.
Posted on 5/14/22 at 2:25 pm to leeman101
We build their equipment for 4 of their labs in the US and I can tell you they profit enough to give away a whole line of baby formula to the hospitals for nada.
Everything we build for them is made from a certain grade of stainless and they are our only customer that requires that grade of SS. Their whole business model makes the big bucks.
Everything we build for them is made from a certain grade of stainless and they are our only customer that requires that grade of SS. Their whole business model makes the big bucks.
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