Alcon AG
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Health Care : Health Care Equipment & Supplies | Large Cap Growth
Based in Switzerland
Company profile

Alcon AG is a Switzerland-based company specialized in the medical industry. The Company operates mainly as an eye care device company. Alcon AG reports its activities into two segments: Surgical and Vision Care. The surgical segment provides a line of ophthalmic surgical products that enable surgeons to achieve accurate results. Its surgical portfolio includes technologies and devices for cataract, retinal, refractive surgery, as well as advanced technology intraocular lenses (ATIOLs) to treat cataracts and refractive errors, such as presbyopia and astigmatism. The surgical segment also includes advanced viscoelastics, surgical solutions, surgical packs and other disposable products for cataract and vitreoretinal surgery. The Vision Care segment manufactures contact lenses and lens care products, such as products for dry eye, contact lens care, ocular allergies, as well as ocular vitamins and redness relievers. The Company also offers continuing education for eye care professionals.

Price
Delayed
$78.41
Day's Change
0.50 (0.64%)
Bid
--
Ask
--
B/A Size
--
Day's High
79.46
Day's Low
78.37
Volume
(Average)

Today's volume of 573,612 shares is on pace to be in-line with ALC's 10-day average volume of 862,145 shares.

573,612

CD sales increased in 2021 for the first time in 17 years (think Adele, not savings accounts)

2:56 pm ET January 7, 2022 (MarketWatch)
Print

By Weston Blasi

In addition, vinyl album sales increased a massive 50.4% year-over-year

Physical CDs could be making a comeback.

According to a yearly report from music data compiler MRC Data, sales of CDs increased from 40.16 million units in 2020 to 40.59 million in 2021, marking the first time CD sales have increased year-over-year since 2004.

CDs weren't the only old-fashioned music format that saw gains in 2021 -- vinyl album sales volume increased a massive 50.4% year-over-year. Also in 2021, vinyl sales saw their single-largest sales week since 1991, when 2.11 million vinyl albums were sold the week of Dec. 23.

See also: Apple CEO Tim Cook's compensation rises to nearly $100 million thanks to new stock award

Boosts in physical music sales in a streaming-dominated music ecosystem can likely be attributed to a few big album releases, particularly by female artists. Adele, Taylor Swift and Olivia Rodrigo all sold heavy volume of physical CDs in 2021 as each artist released albums last year.

Despite this small jump in CD sales, music streaming on platforms like Spotify (SPOT) and Apple (AAPL) still dominate.

"Audio on-demand streaming reached a new single-year high of 988.1 billion streams in 2021 (up 12.6% from 877.2 billion in 2020)," the MRC report read.

As for streaming, Dua Lipa's "Levitating" was the most-streamed song of 2021.

-Weston Blasi

	

(END) Dow Jones Newswires

January 07, 2022 14:56 ET (19:56 GMT)

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