Why AbbVie Stock Trounced the Market Today
The positive, post-earnings momentum lifting AbbVie's (ABBV 3.57%) stock price continued on Monday. The veteran healthcare company's shares booked a gain of more than 3% during the trading session. The key reason was a pair of bullish analyst notes on its business. That rise meant the stock easily beat the S&P 500 index, which could only manage a less than 0.1% gain.
Still flying after first-quarter results
Of the two notes, arguably the more impactful was the one BMO Capital's …