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Investment firms boost holdings in Abbott Labs as the healthcare giant exceeds earnings expectations.
Investment firms including Mackenzie Financial Corp and Formidable Asset Management LLC have increased their holdings in Abbott Laboratories, a major healthcare product manufacturer.
Mackenzie's stake rose by 38.4%, while Formidable's increased by 5.1%.
Abbott reported earnings per share of $1.09 for the latest quarter, slightly exceeding expectations, with revenue of $10.36 billion.
The company operates in four segments and has a market capitalization of $228.46 billion.
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Las empresas de inversión aumentan las participaciones en Abbott Labs como el gigante de la salud supera las expectativas de ganancias.