ABT ▼ -0.3% - Abbott Laboratories
$ABT - Abbott launches the first and only ready-to-feed liquid infant formula made with whole milk in the U.S. at similar price to its existing Similac powdered formula
Abbott Laboratories shares declined 0.3% today following the company's announcement of a new ready-to-feed liquid infant formula made with whole milk, positioned as the first and only product of its kind in the U.S. The formula will be priced comparably to Abbott's existing powdered Similac offering, potentially appealing to consumers seeking convenience without a premium price tag. The modest stock decline suggests investors may be weighing the product launch's market opportunity against other factors or broader market conditions.
31-AUG-2026 08:01 AM ET
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