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Why Quidel Stock Was Falling on Friday

TheMotleyFool

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There are earnings misses, and there are earnings misses. Quidel's (NASDAQ: QDEL) latest quarter fell firmly into the latter category, and as a result its stock was tumbling by 13% in midafternoon trading on Friday.

Quidel, a veteran healthcare diagnostics specialist that is known these days for its COVID-19 testing kits, reported its second-quarter results after hours on Thursday.

Image source: Getty Images.

Source Fool.com

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