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Why is Labcorp Holdings Inc (LH) Stock down?
03 Jul, 2023:
Laboratory Corporation of Ameri's stock fell 13.43% following the company's announcement of completing the spinoff of Fortrea Holdings, a contract research organization. This downward movement can be attributed to investors selling on the news, as the anticipation of the spinoff had already contributed to an 11% increase in the stock price over the past month.
https://www.fool.com/investing/2023/07/03/why-shares-of-labcorp-dropped-monday/
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