Embattled Abbott Labs comes through with a strong quarter, buyback announcement
Abbott Labs delivered for investors who stuck with the stock despite legal woes that emerged earlier this year.
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Attendees walk by the Abbott booth during CES 2024 at the Las Vegas Convention Center on January 10, 2024 in Las Vegas, Nevada.
Ethan Miller | Getty Images
Medical device maker Abbott Laboratories on Wednesday delivered better-than-expected quarterly results and upped its earnings guidance for the third straight quarter. Shares rose more than 1%, shaking off an initially subdued reaction.
