Why IDEXX Laboratories Stock Dropped 12% in November

Shares of IDEXX Laboratories (NASDAQ: IDXX) fell 11.7% last month, according to data provided by S&P Global Market Intelligence.

IDEXX stock rose steadily through the first half of the year, but the shares took a pause starting in the second half. The business continued to report solid growth on the top and bottom lines in its latest quarterly results, but apparently, investors wanted to see more growth for a stock that is richly valued.

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Source Fool.com