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Stock Market 2 February 2026

Thermo Fisher Scientific Inc stock nudges higher as Franklin closure plan targets up to 80 layoffs

Thermo Fisher Scientific Inc stock nudges higher as Franklin closure plan targets up to 80 layoffs

Thermo Fisher Scientific shares climbed roughly 0.7% to $582.94 in midday Monday trading. The company plans to wind down operations at its Franklin, Massachusetts facility by the end of 2026, cutting as many as 80 jobs, according to a state notice and a company spokesperson cited by Fierce Pharma. During the session, the stock fluctuated between $573.32 and $583.69.
2 February 2026