QuidelOrtho (QDEL): Is the Current Share Price Reflecting Fair Value?
If you have been following QuidelOrtho (QDEL) lately, you might be wondering what is behind the latest movements in the share price. While there has not been a major single event shaking up headlines this week, the steady day-to-day uptick has caught the attention of investors who are trying to judge whether this is a sign of things to come or just a temporary blip. When a stock moves without a clear catalyst, it can raise just as many questions for investors as a blockbuster announcement.
Looking back over the past year, QuidelOrtho shares are actually down over 36%, reflecting persistent skepticism despite solid revenue growth and an impressive jump in net income on an annual basis. The stock has bounced nearly 14% higher this past…
