NEW YORK – Shares of healthcare giant Abbott Laboratories (ABT) are showing signs of a potential rebound for the upcoming Monday session, following a remarkable surge in after-hours trading that erased nearly all of the day’s losses.
During the regular trading day, the stock faced downward pressure, closing at $135.62, a decline of $0.83 or 0.61%. The intraday chart shows the stock peaked early near $137.06 before trending lower throughout the afternoon, eventually settling near its session low. This performance reflected broader market jitters and a pullback from its previous close of $136.45.
However, the story took a sharp turn after the closing bell.
In after-hours activity, investor sentiment shifted decisively. The stock rallied significantly, climbing
136.37. This strong buying pressure effectively wiped out the day’s negative performance and brought the share 
price almost back to the previous day’s closing level.
Analysis and Monday Outlook
This robust after-hours recovery is a strong bullish indicator. It suggests that news, an analyst upgrade, or a shift in investor perception occurred after the market closed, prompting buyers to step in at what they considered a discounted price.
Given this late-day momentum, the market for Abbott Laboratories is projected to open higher on Monday.
Traders will be closely watching to see if the stock can break through its after-hours high of $136.37 and challenge the resistance level set by the previous close of $136.45. If this positive sentiment carries over, it could set a bullish tone for the stock for the rest of the week. While the regular session ended on a weak note, the powerful after-hours reversal is the key data point suggesting investors are positioning for an upward move.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Market predictions are based on current data and are subject to change.
