Yeah, don’t worry; some guy on the internet said

Yeah, don’t worry; some guy on the internet said it would be fine!

For the rest of the investing public, the ones that keep an objective mind and actually do DD (instead of blind cheerleading):

Quote:

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Abbott said it plans to ship nearly 30 million tests this month and will have the capacity to ship 60 million tests in June.

The tests can indicate whether a person has had Covid-19 and was either asymptomatic or recovered.
[WOW... 3 tests in one!]

This is Abbott’s fourth Covid-19 test to win emergency use authorization. Abbott had already launched three coronavirus tests in the United States, including a rapid test that produces results in as little as five minutes and the newly released test that shows if a person has antibodies against the virus.

The company announced last month that it was working with CVS Health to get its tests “outside of the hospital” and into places like urgent-care clinics and nursing homes.

Abbott said the new test is more efficient and can provide more tests and take up less space, an important feature the company said for labs that process tens of thousands of patient samples but are often short on space.

It can exclude false positives 99.6% of the time and exclude false negatives 100% of the time for patients tested 14 days after symptoms began, the company said Monday.

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Their fourth test! FOURTH!? 60 million a month... if there’s a cure for ARDS, poor Abbott is going to be sitting on a lot of unneeded tests. But that’s the risk anyone in the testing space is taking. Musical chairs... make sure you have yours when the music stops.