Thermo Fisher Scientific stock rises 2.72% and outperforms market

12 articles · Updated · MarketWatch · Apr 30

The shares closed at $478.96 on Thursday as the S&P 500 gained 1.02% to 7,209.01 and the Dow rose 1.62% to 49,652.14.
Despite the advance, Thermo Fisher remains 25.63% below its 52-week high of $643.99 reached on 22 January.
Trading volume reached 2.2 million shares, topping the stock's 50-day average of 2.0 million in a broadly positive market session.

Is Thermo Fisher's $13B acquisition spree a bold recovery plan or a risky gamble after its recent stock slump?

Can AI and a pivot to clinical data revive Thermo Fisher's growth and justify Wall Street's optimistic price targets?