Abbott Laboratories, established in 1888, is a global healthcare company headquartered in the United States.
Focused on diverse medical products, Abbott operates in diagnostics, medical devices, nutrition, and pharmaceuticals.
Renowned for its innovation, the company has a history of pioneering developments, including the invention of the first HIV blood-screening test.
Abbott’s extensive product portfolio spans cardiovascular, diabetes, infectious diseases, and nutrition segments.
With a presence in over 160 countries, Abbott serves millions of customers daily.
Strategic acquisitions like St. Jude Medical and Alere have expanded its capabilities in medical devices and diagnostics.
Coming to the company’s share movements, the company’s share saw a bullish boom as it moved from $38.41 in December 2016 to its all-time high of $142.60 in December 2021, generating its investors nearly 270% returns.
This was fueled by strong financial performance, i.e., consistent revenue growth, a growing healthcare market, and early success in rapid COVID-19 testing kits (BinaxNOW).
Then came the corrective dip in 2022. The share fell by 35% in a year due to macroeconomic concerns – Inflationary pressures and rising interest rates.
Therefore, it’s crucial to remember that past performance doesn’t guarantee future results. Careful analysis of market trends, company fundamentals, and potential risks is essential.
Abbott Laboratories Share Price History
Year | Share Price | Gain / Loss |
---|---|---|
1980 | $ 0.79 | |
1981 | $ 0.76 | - 3.8% |
1982 | $ 1.08 | + 42.1% |
1983 | $ 1.27 | + 17.6% |
1984 | $ 1.17 | - 7.9% |
1985 | $ 1.91 | + 63.2% |
1986 | $ 2.55 | + 33.5% |
1987 | $ 2.70 | + 5.9% |
1988 | $ 2.69 | - 0.4% |
1989 | $ 3.80 | + 41.3% |
1990 | $ 5.03 | + 32.4% |
1991 | $ 7.71 | + 53.3% |
1992 | $ 6.80 | - 11.8% |
1993 | $ 6.63 | - 2.5% |
1994 | $ 7.30 | + 10.1% |
1995 | $ 9.31 | + 27.5% |
1996 | $ 11.36 | + 22.0% |
1997 | $ 14.66 | + 29.0% |
1998 | $ 21.93 | + 49.6% |
1999 | $ 16.25 | - 25.9% |
2000 | $ 21.68 | + 33.4% |
2001 | $ 24.95 | + 15.1% |
2002 | $ 17.90 | - 28.3% |
2003 | $ 20.86 | + 16.5% |
2004 | $ 22.32 | + 7.0% |
2005 | $ 18.87 | - 15.5% |
2006 | $ 23.31 | + 23.5% |
2007 | $ 26.87 | + 15.3% |
2008 | $ 25.54 | - 4.9% |
2009 | $ 25.83 | + 1.1% |
2010 | $ 22.92 | - 11.3% |
2011 | $ 26.90 | + 17.4% |
2012 | $ 31.34 | + 16.5% |
2013 | $ 38.33 | + 22.3% |
2014 | $ 45.02 | + 17.5% |
2015 | $ 44.91 | - 0.2% |
2016 | $ 38.41 | - 14.5% |
2017 | $ 57.07 | + 48.6% |
2018 | $ 72.33 | + 26.7% |
2019 | $ 86.86 | + 20.1% |
2020 | $ 109.49 | + 26.1% |
2021 | $ 140.74 | + 28.5% |
2022 | $ 109.79 | - 22.0% |
2023 | $ 110.07 | + 0.3% |
2024 | $ 114.45 | + 4.0% |
Abbott Laboratories Share Price Chart
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- During 1980, the share price of Abbott Laboratories was $ 0.79.
- If you had bought shares worth $ 2500 in 1980, you would have 31646 shares today.
- At the end of 2024, the current value of your shares would be $ 3621835.
Abbott Laboratories Share Returns Comparison
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