Thermo Fisher Scientific Stock Drops 2.94% in Sixth Consecutive Day of Losses, Trading Volume Ranks 71st

Generated by AI AgentAinvest Market Brief
Tuesday, Apr 1, 2025 7:42 pm ET1min read
TMO--

On April 1, 2025, Thermo Fisher Scientific Inc.TMO-- (TMO) experienced a significant decline in its stock price, dropping by 2.94% and marking its sixth consecutive day of losses, with a total decrease of 7.10% over the past six days. The company's trading volume for the day was $895 million, placing it 71st in the overall market rankings.

Thermo Fisher Scientific Inc. has announced that it will release its financial results for the first quarter of 2025 before the market opens on Wednesday, April 23, 2025. The company will also hold a conference call on the same day at 8:30 a.m. ET to discuss its financial performance and future expectations. The call can be accessed by dialing (833) 470-1428 within the U.S. or (404) 975-4839 outside the U.S., using the access code 074131. The call will also be available live on the "Investors" section of Thermo Fisher's website, www.thermofisher.com, and a replay will be available through Friday, May 9, 2025.

Thermo Fisher Scientific Inc. has introduced new lines of floor-model centrifuges featuring natural refrigerant cooling systems that comply with European Union and U.S. environmental regulations. These centrifuges, including the Thermo Scientific™ Cryofuge™, Thermo Scientific™ BIOS, and Thermo Scientific™ LYNX, offer sustainable solutions without compromising performance and sample security.

Thermo Fisher Scientific Inc. has entered into a Technology Alliance Agreement with the Chan Zuckerberg Institute for Advanced Biological Imaging. This collaboration aims to develop new technologies to enhance the visualization of human cells, thereby advancing scientific research and discovery. Cryo-electron microscopy is a crucial tool in disease research and the creation of lifesaving therapies.

Thermo Fisher Scientific Inc. has launched the Thermo Scientific Vulcan™ Automated Lab, a groundbreaking solution designed to enhance productivity, increase yield, and reduce operating costs for semiconductor manufacturers. This integrated system is aimed at driving a new era of process development and control in semiconductor manufacturing.

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