Abbott's Earnings: Medical Devices Shine, Nutrition Struggles
Update: 2025-10-15
Description
Abbott's Q3 earnings stumble! COVID test demand drops and China's bulk-buying discounts hit hard, dragging down overall revenue despite medical device success. Baby formula lawsuits and market share losses add to the pain, but Abbott maintains profit outlook and shares remain up year-to-date. Is this a temporary setback or a sign of deeper issues?
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