The Rising Influence of Rising Affluence

[DewDiligence]

(ABT)—AAPL working on non-invasive continuous glucose monitor, according to sources:

http://www.cnbc.com/2017/04/12/apple-working-on-glucose-sensors-diabetes-treatment.html

One person said about 30 people were working in this group as of a year ago. But speculation has been flying around since the company snapped up about a dozen biomedical experts from companies like Vital Connect, Masimo, Sano, Medtronic and C8 Medisensors.

One of the people said that Apple is developing optical sensors, which involves shining a light through the skin to measure indications of glucose.

Could this why ABT is down almost 2% today? If so, it seems like an overreaction.