January 22, 2020 · Archive
A Ticker A Day #13: AbbVie Inc ($ABBV)
AbbVie Inc. (www.abbvie.com) is a biopharmaceutical company founded in 2013 that originated as a spin-off of Abbott Laboratories.The company is profitable, with a market cap of $130.12 billion with Q3 2019 net earnings of $1.884 billion on revenues of $8.479 billion (+3% over the same period in the previous year), with gross margins of 77.4%. The company announced their acquisition of Irish pharmaceutical company Allergan, …
From the archive
The rest of this post is part of A Ticker a Day
In 2020 I researched one publicly traded company every weekday and decided, in public, whether to put $10 into it or into the index. This is one of those posts. The archive isn't open right now — I'm working on bringing A Ticker a Day back, rebuilt so the portfolio tracks itself.
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