Listed at the NASDAQ Exchange (Stock Symbol: ABMD)
How to Open a Trading Account to Invest in How to Buy Abiomed Shares
Opening an investment account with an Online Broker is a process that is completed online and requires:
First, choose the broker that best fits you. Here, we present eToro as the primary choice.
Upload an ID and a proof of address (electricity, water bills, etc.) through the Broker's App or via email.
Whether you open it with eToro or with another broker, make sure to choose the correct base currency of the account. With some brokers, changing it once you open the account can be painful. Trading Accounts are available on US Dollars (USD), Euros (EUR), Pound Sterling (GBP), Swiss Franc (CHF), Australian Dollar (AUD) as the base currency. Practically all of them offer the option in US Dollars or Euros.
Once the Broker has approved the account, it's time to deposit cash. The depositing and withdrawing money methods are usually Credit Cards, Bank Transfers or eWallets (PayPal, PaySafe, Skrill, SafetyPay, Neteller, among others). The available options to deposit funds will depend on each Broker. A vital fact to mention is that all of the Brokers presented above allow you to use a simulator on their platform; that is, they allow testing their Demo account, which is Free. In other words, you can open a Demo account, try the platform, and then decide whether to deposit money or not.
Upon the capital is credited into your credited account, you may now buy the Stock.
Is it easy to invest in Abiomed Shares?
Online Brokers allow investing in Shares straightforwardly through optimised apps that grant easy and fast access to financial markets. Most platforms resemble a social network or any other phone app: They are designed so that the investor can learn and start trading very quickly, without the need for much prior knowledge. To buy shares of Abiomed, you have to:
open a trading account as explained before,
deposit money,
Search for "abiomed" on the Broker's Trading platform, and
press the "Buy" button.
And, done, you are officially investing in the co's shares.
How to buy Abiomed Shares
About Abiomed
Abiomed is a global leader in medical implant devices. Located in Massachusetts, Abiomed has additional offices in Germany and Japan. The company was founded in 1981, growing over the next several decades, reaching total revenue of $445.3 million in 2017. Abiomed’s flagship products are the AbioCor artificial heart and the Impella ventricular support device. It should be noted that the company is active in the research, development and sales of its products, and not only in manufacturing. AMBD stock is available for trade on the Nasdaq and is part of the S&P 500 index. Abiomed purchased $10 million in shares from the Shockwave Medical IPO, part of the $97 million Shockwave raised.
The purchase of the shares by Abiomed strengthened the ties between both companies even further, as Abiomed already owned a stake in Shockwave. Abiomed’s Impella device helps the heart pump blood. While the Impella could have lifesaving ramifications for many patients, it remains out of reach for some due to its high cost of $23,000. Abiomed has released several versions of the Impella over the last few years.
