Abbott
Makes medical devices, lab tests, medicines and nutrition foods.
📖 Its story
In 1888, Dr. Wallace Abbott started making tiny pills in his apartment in Chicago. He wanted medicines to always have the exact dose. His small workshop grew into a health company all over the world.
💵 How it makes money
It sells medical devices, diagnostic tests, medicines and nutrition products to hospitals, pharmacies and stores.
🤯 Fun fact
Abbott makes very well-known products in Mexico, like Pedialyte and Ensure.
👍 The good part
It has many kinds of health products, so it doesn't depend on just one.
⚠️ The risk
If a medical product turns out to be faulty, it may have to pull it from stores and face fines or lawsuits.
🧠 Did you get it?
Where did Dr. Abbott start making his pills?
🗂️ Quick facts
- Founded in: 1888
- Founded by: Dr. Wallace C. Abbott
- Home: Abbott Park, Illinois
🔎 How to find it on the stock market
- Search the internet for ABT stock.
- You can also find it in your parents' investing app with the letters ABT.
- Check how much one share costs and whether today it's green (went up) or red (went down).
🎮 Buy it in the game
Soon you'll be able to invest your Monis in Abbott. Ask your mom or dad to join the list.
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