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Pre-market: ABT.SW Abbott Laboratories (SIX) -12.00% to CHF88.00: watch CHF85.00
Abbott Laboratories (ABT.SW) saw a sharp 12.00% drop in pre-market trading on SIX, reaching CHF88.00, driven by profit-taking and market re-pricing following recent headlines. The stock is now well below its 50-day average, with immediate support identified around CHF85.00. Despite the technical oversold conditions and premium valuation, Meyka AI issues a “BUY” suggestion and projects a one-year price target of CHF100.56, while cautioning traders to consider short-term risks and conservative strategies.