Abbott Laboratories (ABT) Fell as Guidance and Litigation Concerns Overshadowed Growth

Jensen Quality Growth Equity Strategy, a US-based asset management fund, issued its second-quarter 2026 investor letter detailing portfolio performance and specific holdings. The fund returned 10.94% net of fees during the quarter, trailing the S&P 500 Index’s 15.20% return. Market strength during the period was driven by easing geopolitical tensions, improved financial conditions, sustained consumer spending, and ongoing investment in artificial intelligence infrastructure. However,