IDEXX Laboratories, Inc.'s Investors Look the Gift Horse in the Mouth

IDEXX Laboratories, Inc.'s Investors Look the Gift Horse in the Mouth

IDEXX Laboratories (NASDAQ: IDXX) reported solid revenue growth with operating income and earnings growing even faster allowing the animal diagnostic company to raise 2017 guidance.

But investors looked the gift horse in the mouth and sent shares down 7% on Tuesday, presumably because short-term thinkers believed guidance should have been raised even more.

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Source: Fool.com