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AbbVie Stock Jumps So Far On Tuesday, Outperforms Market

Via News Editorial Team

November 24, 2020

AbbVie Stock Jumps So Far On Tuesday, Outperforms Market

AbbVie has been somewhat immune to the crisis with its shares rising 2.27% to $104.50 at 11:10 EST on Tuesday, after three sequential sessions in a row of gains. The New York Stock Exchange is rising 1.39% to $14,192.20, following yesterday's upward trend, on what as yet seems, an all-around positive trend exchanging session today.

AbbVie's last close was $102.18, under its 52-week high of $104.12.

AbbVie's sales growth is 57.6% for the present quarter and 48.3% for the next. The company's growth estimates for the ongoing quarter and the next is 29.4% and 16.1%, respectively.

Year-on-year quarterly revenue growth grew by 52.2%, now sitting on 40.65B for the twelve trailing months.

AbbVie's stock is valued at $104.50 at 11:10 EST, above its 52-week high of $104.12.

AbbVie's worth is way higher than its 50-day moving average of $90.21 and way above its 200-day moving average of $92.72.