Evaluating QuidelOrtho (QDEL): Is There Value After the Recent Share Price Rebound?
QuidelOrtho (QDEL) stock has drawn attention lately, as shares have bounced nearly 8% this week and are up over 14% for the past month. Despite recent gains, the stock’s year-to-date performance remains in negative territory.
See our latest analysis for QuidelOrtho.
After a tough stretch earlier this year, QuidelOrtho’s recent rebound is catching attention, with an 8% jump in the past week alone helping to chip away at its year-to-date share price return of -32%. Momentum appears to be picking up after prior setbacks. However, the stock remains deeply negative on a multi-year total shareholder return basis, reminding investors that there is still ground to recover as sentiment shifts.
If you’re watching for what else might be set…
