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Why Quidel Stock Soared 42% in April

TheMotleyFool

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Shares of Quidel (NASDAQ: QDEL), which makes diagnostic healthcare products, skyrocketed 42.1% in April, according to data from S&P Global Market Intelligence. That follows its robust performance in March, when it gained 26.6%.

For context, the S&P 500 index returned 12.8% last month after returning negative 12.4% in March due to the coronavirus-driven market sell-off.

Image source: Getty Images.

Source Fool.com

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