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ABT’s Recent Stock Slump: What’s behind the Decline?

Sarah Collins
ABT’s Recent Stock Slump: What’s behind the Decline?

On May 2, Abbott Laboratories (ABT) ended trading at a closing price of $58.14 per share. Currently, the stock is trading lower than its 50-day moving average of $59.91 and near its 200-day moving average of $58.22.