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PerkinElmer (NYSE: PKI) stock skyrocketed 48% in 2020 -- one of its best performances in years. The demand for COVID-19 testing was the primary factor behind that strong growth. Yet PerkinElmer hasn't received a lot of attention from investors seeking to profit from the surge in testing.
The healthcare company announced its fourth-quarter results after the market close on Tuesday. Again, COVID-19 was the big story. Here are the highlights from PerkinElmer's Q4 update.