LH - As COVID cases and testing rises test makers are mixed
As COVID cases are surging and along with it a resurgence in the demand for testing, test makers are mixed so far today. Quidel (QDEL -5.8%), a largest manufacturers of at-home tests, is the worst performer of the group. OraSure Technologies (OSUR -3.1%), another at-home test maker, is also down. Danaher (DHR -1.7%), the parent company of Beckman Coulter, which manufacturers laboratory COVID tests, is also down. Those higher today include Abbott (ABT -0.6%), Becton, Dickinson (BDX -0.3%), and Cue Health (CUE +0.6%). Laboratory Corporation of America (LH -2.9%), Quest Diagnostics (DGX -2.5%), two of the largest laboratory companies, are both down. Amid growing demand for at-home tests, Walgreens (WBA +2.2%) is capping sales per customer.
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As COVID cases and testing rises, test makers are mixed