Here's Why Danaher Stock Surged Today
Danaher(DHR) The Motley Fool·2024-07-23 15:50The biotechnology, diagnostics, and life sciences company looks set to return to its long-term growth rate.Danaher's (DHR 7.12%) 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.Danaher beats guidanceAs you migh ...