If You Invested $10,000 in Thermo Fisher Scientific’s IPO, This Is How Much Money You'd Have Now

Founded in 1956, Thermo Electron was a provider of scientific instruments and reagents that eventually merged with Fisher Scientific International in 2006 to become Thermo Fisher Scientific (NYSE: TMO). From its IPO in the mid-1970s, shares of Thermo Electron (now Thermo Fisher Scientific) would have soared by more than 20,550% as of June 25. In fact, the company has ample strength in its core businesses and financial health that can allow it to thrive in this environment.