Thermo Fisher
Sells instruments, chemicals and supplies for science and medical labs.
📖 Its story
In 1956, engineer George Hatsopoulos started Thermo Electron. Much earlier, in 1902, Chester Fisher had opened Fisher Scientific to sell lab equipment. In 2006 the two joined together and formed Thermo Fisher Scientific.
💵 How it makes money
It sells equipment, lab chemicals and services to labs, hospitals, universities and drug companies.
🤯 Fun fact
It was born in 2006 when two companies joined: Thermo Electron and Fisher Scientific.
👍 The good part
It helps scientists study illnesses and create new medicines.
⚠️ The risk
If universities and drug companies cut their research spending, they buy less from it.
🧠 Did you get it?
Which two companies joined to create Thermo Fisher?
🗂️ Quick facts
- Founded in: 1956
- Founded by: George Hatsopoulos (Thermo) and Chester Fisher (Fisher Scientific, 1902)
- Home: Waltham, Massachusetts, USA
🔎 How to find it on the stock market
- Search the internet for TMO stock.
- You can also find it in your parents' investing app with the letters TMO.
- 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 Thermo Fisher. Ask your mom or dad to join the list.
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