Why Labcorp Stock Sank by Almost 6% on Thursday
Laboratory Corporation of America (NYSE: LH), also known as Labcorp, had a Thursday to forget on the stock exchange. The lab services specialist saw its share price tumble by nearly 6% on the day, following the release of a dispiriting set of quarterly results. On a slightly brighter note, those pundits had estimated Labcorp would net a per-share, adjusted net profit of $4.67.