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NYSE: TMO
Thermo Fisher Scientific (TMO) stock, explained like you're 5
Thermo Fisher Scientific trades on the New York Stock Exchange under the ticker TMO. It is a mega cap company in the industrial machinery/components industry, part of the industrials sector, with a market value of about 243.3 billion dollars.
- Ticker
- TMO
- Exchange
- New York Stock Exchange
- Sector
- Industrials
- Industry
- Industrial Machinery/Components
- Size
- Mega cap, about 243.3 billion dollars
Is Thermo Fisher Scientific a small, medium or large cap company?
Yes. Thermo Fisher Scientific is a large cap stock, and an extra big one: it is a mega cap, worth more than 200 billion dollars. Its market cap, which is the total value of all its shares, is about 243.3 billion dollars.
Here is how you can tell. Multiply the share price by the number of shares to get the market cap, then compare it to the usual sizes. Micro cap is under 300 million dollars, small cap is 300 million to 2 billion, mid cap is 2 to 10 billion, large cap is 10 billion and up, and mega cap is over 200 billion. Market caps move every day with the share price, so treat the number as a recent snapshot.
How Thermo Fisher Scientific makes money
- Building and selling machines, aircraft, equipment or infrastructure.
- Moving goods and people.
- Long term service and maintenance contracts.
What moves TMO stock
- Orders and backlog, which show future sales.
- Business spending and the health of the economy.
- Costs of materials and labor.
In the news lately
- Thermo Fisher Scientific (TMO) Stock Gets Fair Value Bump After Q2 Driven Analyst Target Increases (Yahoo Finance)
- Thermo Fisher Scientific stock hits all time high at 694.33 USD (Investing.com)
- Thermo Fisher: Strong Growth, Even Higher Stock Price (NYSE:TMO) (Seeking Alpha)
- Thermo Fisher Scientific (TMO) Expands Drug Development Services, Is The Stock Fully Valued? (Simply Wall Street)
- Thermo Fisher Scientific Inc. stock rises Wednesday, outperforms market (MarketWatch)
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Questions about Thermo Fisher Scientific stock
What does Thermo Fisher Scientific do?
Thermo Fisher Scientific trades on the New York Stock Exchange under the ticker TMO. It is a mega cap company in the industrial machinery/components industry, part of the industrials sector, with a market value of about 243.3 billion dollars.
What is the ticker symbol for Thermo Fisher Scientific?
Thermo Fisher Scientific trades under the ticker TMO on the New York Stock Exchange.
What is Thermo Fisher Scientific's market cap?
Thermo Fisher Scientific is a mega cap stock with a market cap of about 243.3 billion dollars.
How does Thermo Fisher Scientific make money?
Building and selling machines, aircraft, equipment or infrastructure. Moving goods and people. Long term service and maintenance contracts.
What moves TMO stock?
Orders and backlog, which show future sales. Business spending and the health of the economy. Costs of materials and labor.
How can I follow TMO stock every day?
Add TMO to your watchlist on Metric Finance. We post a free brief every trading day at 5 PM ET that explains what happened to the stocks you follow, in simple words.
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Educational information, not financial advice. This guide explains the business in general terms and does not include live prices.