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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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.