Shares of Thermo Fisher Scientific Inc. (TMO) are falling about 7 percent on Thursday morning trading after the company reported first-quarter financial results, revealing earnings of $1.651 billion, or $4.43 per share, compared with $1.507 billion, or $3.98 per share, last year.
The company's stock is currently trading at $475.36, down 7.51 percent or $38.62, over the previous close of $513.98 on the New York Stock Exchange. It has traded between $385.46 and $643.99 in the past one year.
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