BUSINESS● LOW1d ago · Oct 21, 2026, 12:53 PM
Abbott slips after cutting 2026 growth outlook amid nutrition spinoff
Seeking Alpha Tech · global
Abbott's stock has declined following a reduction in its 2026 growth forecast, which is attributed to a planned nutrition business spinoff. This indicates a significant change in the company's financial projections and structure.
GlobeAlert aggregates and classifies open sources; the story above belongs to its publisher. Summaries are machine-generated from the source text.
More in Business
BUSINESSnowMunicipal Securities Underwriters Pay a Total of $325,000 in FinesSECBUSINESSnowSEC CHAIRMAN ARTHUR LEVITT, IOWA OFFICIALS TO HOLD INVESTORS’ TOWN MEETING IN DES MOINESSECBUSINESS36m agoDeckers projects FY2027 revenue $5.7B-$5.725B and EPS $7.80-$7.95 amid higher U.S. promotionsSeeking Alpha TechBUSINESS51m agoUS tech stocks tumble as investors fret over AI spendingAl Jazeera [en]