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AbbVie Stock Drops 09% on May 1 2025 with 1126 Billion Trading Volume Ranking 62nd in Market Activity

Generated by AI AgentAinvest Market Brief

Thursday, May 1, 2025 8:07 pm ET1min read

AbbVie Inc. (ABBV) shares fell 0.90% on May 1, 2025, with a trading volume of 11.26 billion, ranking 62nd in the day's market activity.

On December 6, 2023, Cerevel publicly announced that AbbVieABBV-- agreed to acquire Cerevel for $45 per share. The merger allowed Bain to receive a windfall of more.

Truist Financial raised their price target on shares of AbbVie from $211.00 to $217.00 and gave the company a “buy” rating in a research note on Monday.

Guggenheim Forecasts Strong Price Appreciation for AbbVie (NYSE:ABBV) Stock. AbbVie (NYSE:ABBV) Given New $216.00 Price Target at Guggenheim.

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