IDEXX Laboratories Stock Jumps on Testing Products Demand, Higher Prices

Key TakeawaysIDEXX Laboratories exceeded earnings and revenue estimates on sales of its animal testing products and price increases.The veterinary healthcare company benefited from higher demand for its Companion Animal Group offerings.IDEXX will offer a new canine lymphoma test in the U.S. and Canada in late March. Shares of IDEXX Laboratories (IDXX) surged 10% to lead S&P 500 gainers Monday after the provider of veterinary healthcare products and services reported better-than-anticipated results on demand ...