5Mon
Thermo Fisher beats Q1 estimates and lowers full-year guidance due to tariffs and costs
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5Mon
@Smudeo That is correct, but this news came in only 2 days ago, the share was beaten up 3-4 weeks ago and then did not react to this news at all.
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•5Mon
@Soprano Takeovers cost money and share price falls: Thermo Fisher acquires Solventum's filtration business for 4.1 billion US dollars
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•5Mon
@Smudeo That was exactly the news I had found and it was also at the time when things started to go down considerably. However, 4 billion is a relatively small sum compared to the roughly 70 billion that was lost to market cap.
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