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Here's Why Danaher Stock Surged Today

TheMotleyFool 
0 0 23.07.24
Here's Why Danaher Stock Surged TodayPhoto, wide shot, wide-angle lens, Metal fabrication, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by Hiroshi Sugimoto: https://img.midjourneyapi.xyz/temp/568784d0-c41a-4663-ab01-91f29a370903.png
 

's (NYSE: DHR) core revenue decline of 3.5% in the second quarter might not seem like anything to write home about. Still, as ever in investing, it's about context, and the company's earnings report shows that it's set to return to its long-term growth track.

The good news encouraged investors to bid the stock up by more than 7% in trading before 10 a.m. ET today.

As you might expect from a biotechnology, life sciences, and diagnostics company, Danaher's core revenue and earnings have bounced around in recent years due to the pandemic. Not only did Danaher manufacture PCR tests used to detect COVID-19, but it also sold life sciences equipment used to research vaccines.

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Source Fool.com

Danaher Corp. Stock

€184.05
-0.490%
The price for the Danaher Corp. stock decreased slightly today. Compared to yesterday there is a change of -€0.900 (-0.490%).
With 45 Buy predictions and not a single Sell prediction Danaher Corp. is an absolute favorite of our community.
With a target price of 209 € there is a slightly positive potential of 13.56% for Danaher Corp. compared to the current price of 184.05 €.
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