Abbott Laboratories Shares Rise 0.86% on $620M Volume Ranking 175th as Diabetes Sales Surge and UBS Reaffirms Buy Rating

Abbott Laboratories (ABT) rose 0.86% on August 7, 2025, with a trading volume of $620 million, ranking 175th in market activity. The stock’s performance was influenced by Q2 earnings updates and analyst commentary.

Recent reports highlighted a 19.6% year-over-year increase in Diabetes Care sales, driven by strong U.S. demand and over-the-counter (OTC) approvals for its continuous glucose monitoring (CGM) systems. Analysts attributed the growth to expanding market adoption and regulatory tailwinds. UBS reaffirmed a “Buy” rating for ABT, maintaining a $148 price target despite recent volatility, citing long-term potential in diagnostics and medical devices.

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