The FDA lost a whistleblower complaint about unsanitary conditions at an infant formula plant for a year, auditors revealed [Fortune]
Abbott Laboratories (ABT)
Last abbott laboratories earnings: 4/16 07:30 am
Check Earnings Report
US:NYSE Investor Relations:
abbott.com/investors.html
Company Research
Source: Fortune
factory that was at the center of a nationwide shortage of infant formula, a new audit shows. The Department of Labor received the email and three days later forwarded it to an FDA address specifically for such complaints. But one of several staff members charged with managing the FDA inbox at the time “inadvertently archived” the email in February 2021, and it wasn't found until a reporter requested it in June 2022. The episode is one of several that led the Department of Health and Human Services' Office of Inspector General to conclude in a report Thursday that the FDA's policies and procedures to address the issues at the Abbott plant were inadequate. The FDA took some actions and did follow-up inspections but “more could have been done leading up to the Abbott powdered infant formula recall,” the auditors wrote. The FDA needs better policies for reporting the status of complaints to senior leaders and to make sure that inspections are done quickly, the report concluded. “
Show less
Read more
Impact Snapshot
Event Time:
ABT
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ABT alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ABT alerts
High impacting Abbott Laboratories news events
Weekly update
A roundup of the hottest topics
ABT
News
- Neuromodulation Market size is set to grow by USD 6.21 billion from 2024-2028, Growing geriatric population to boost the market growth, Technavio [Yahoo! Finance]Yahoo! Finance
- Is Abbott Laboratories (ABT) a Strong Buy Right Now? [Yahoo! Finance]Yahoo! Finance
- Abbott Teams Up With the National Association of Community Health Centers to Expand Access to Nutritious Food and Improve Health [Yahoo! Finance]Yahoo! Finance
- Abbott Teams Up With the National Association of Community Health Centers to Expand Access to Nutritious Food and Improve HealthPR Newswire
- Want Decades of Passive Income? 2 Stocks to Buy Now and Hold Forever. [Yahoo! Finance]Yahoo! Finance
ABT
Earnings
- 4/17/24 - Beat
ABT
Sec Filings
- 5/30/24 - Form SD
- 5/14/24 - Form 4
- 5/10/24 - Form 144
- ABT's page on the SEC website