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Thermo Fisher Scientific 969 million trading volume ranks 86th as it considers 4 billion diagnostic assets sale
Generated by AI AgentAinvest Volume Radar
Friday, Jun 13, 2025 7:46 pm ET1min read
On June 13, 2025,
(TMO) experienced a trading volume of $969 million, ranking 86th in the day's stock market activity. The stock price of Thermo Fisher Scientific (TMO) decreased by 3.03%.Thermo Fisher Scientific is reportedly considering the sale of its diagnostic assets, valued at approximately $4 billion. This move is part of the company's strategy to divest low-growth assets amid concerns over potential cuts in federal research spending. The potential sale of these assets could significantly impact the company's financial outlook and stock performance.
Analysts have speculated that this divestment could lead to a potential upside for the company, although specific figures have not been disclosed. The sale of these diagnostic assets is seen as a strategic move to streamline operations and focus on higher-growth areas within the company's portfolio.
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