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Stock impact report

3 Reasons to Avoid QDEL and 1 Stock to Buy Instead [Yahoo! Finance]

Quidel Corporation (QDEL) 
Last quidel corporation earnings: 2/12 04:10 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.quidel.com
Company Research Source: Yahoo! Finance
7.7% loss - a stark contrast to the S&P 500's 7.1% gain. This was partly due to its softer quarterly results and might have investors contemplating their next move. Is now the time to buy QuidelOrtho, or should you be careful about including it in your portfolio? See what our analysts have to say in our full research report, it's free Despite the more favorable entry price, we don't have much confidence in QuidelOrtho. Here are three reasons why there are better opportunities than QDEL and a stock we'd rather own. Why Do We Think QuidelOrtho Will Underperform? Founded in 1979, QuidelOrtho (NASDAQ:QDEL) develops and manufactures diagnostic solutions, focusing on rapid diagnostic tests for infectious diseases, including COVID-19, and other critical conditions. 1. Declining Constant Currency Revenue, Demand Takes a Hit Investors interested in Medical Devices & Supplies - Imaging, Diagnostics companies should track constant currency revenue in addition to reported revenue. Thi Show less Read more
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