Why Did Thermo Fisher Scientific Inc. (TMO) Plunge 4.45%?

On August 27, 2025, Thermo Fisher Scientific Inc. experienced a significant drop of 4.45% in pre-market trading, indicating a notable shift in investor sentiment towards the company.

Recent developments have influenced Thermo Fisher's stock performance. MetLife has reduced its holdings in Thermo Fisher, which may have contributed to the market's negative reaction. Additionally, Evercore ISI has lowered its price target for Thermo Fisher from $500.00 to $480.00, while maintaining an "outperform" rating. This adjustment suggests a cautious outlook on the company's near-term prospects, potentially impacting investor confidence.

These events collectively point to a period of uncertainty for Thermo Fisher, as both institutional investors and analysts reassess their positions and forecasts. The company will need to address these concerns and demonstrate its resilience to regain investor trust and stabilize its stock price.