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AbbVie Stake Changes and Strong Q2 Results Lift Investor Sentiment

AbbVie logoAbbVie
Sig1.40Sen+2.60Env0.00Soc0.00Gov0.00

Calamos Advisors LLC increased its AbbVie position by 3.4% in the fourth quarter, while Axecap Investments LLC and other holders adjusted stakes. Meadowbrook Wealth Management LLC cut its holding by 37.3% in the second quarter. AbbVie also reported strong second-quarter results, with revenue up 10.2% year over year and adjusted EPS of $3.65, beating consensus by $0.04.

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