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Abbott (ABT) closed 0.07% lower on August 28, 2025, with a trading volume of $610 million, ranking 146th in market activity that day. The stock's muted performance contrasted with broader market trends, as investors focused on earnings updates and regulatory developments affecting the medical device sector.
A recent regulatory filing revealed
faces potential delays in the FDA approval process for its next-generation glucose monitoring system. The agency requested additional clinical data to address concerns about device accuracy in high-altitude environments. Analysts noted this could push the product's commercial launch to mid-2026, creating near-term uncertainty for investors.Separately, the company announced the completion of a $1.2 billion supply chain modernization project ahead of schedule. The initiative includes automated manufacturing hubs in Texas and Ireland, which executives claim will reduce production costs by 15% over the next fiscal year. However, the lack of immediate revenue impact from infrastructure investments limited the announcement's market impact.
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