Exact Sciences Spikes After Abbott Reveals Massive $23B Buyout Agreement
Exact Sciences surged more than 17% premarket after Abbott announced a $23 billion buyout, adding Cologuard and Oncotype DX to its diagnostics lineup.
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Abbott stock fell more than 7% in premarket trading after the company missed on Q4 revenue and gave a weaker Q1 2026 outlook, even with earnings at $1.50 per share.
Exact Sciences surged more than 17% premarket after Abbott announced a $23 billion buyout, adding Cologuard and Oncotype DX to its diagnostics lineup.
Abbott Laboratories reported a strong start to 2025 with significant growth in sales and EPS, exceeding market expectations.
Abbott Laboratories reported a strong third-quarter performance in 2024.
Abbott Laboratories (NYSE: ABT) reported sales of $10.4 billion in the second quarter of 2024, reflecting a 4.0% increase from the same period last year.
Abbott has reported a strong start to the year with sales reaching $10.0 billion in Q1, driven by a 10.8 percent increase in organic sales growth.
Abbott Laboratories announces Q4 results with $10.24 billion in revenue and an EPS of $1.19.