Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why Quest Diagnostics Stock Jumped Today

TheMotleyFool

0 0

Why Quest Diagnostics Stock Jumped Today: https://g.foolcdn.com/editorial/images/705647/investor-gettyimages-1164915433.jpg

Shares of Quest Diagnostics (NYSE: DGX) climbed 6.3% on Thursday after the medical testing giant boosted its full-year sales and profit forecast.

Quest's revenue decreased by 10% year over year to $2.5 billion in the third quarter. The decline was driven by a 55% drop in the company's COVID-19 testing sales.

However, Quest's base business revenue, which excludes COVID testing, grew by 5%.

Source Fool.com

Like: 0

DGX

Share