logo
Plus   Neg
Share
Email

Quest Diagnostics Continues To Post Steep Loss In Late-Day Trading

Shares of Quest Diagnostics Inc. (DGX) continue to see substantial weakness in late-day trading on Thursday after falling sharply early in the session. After hitting a two-year intraday low, Quest Diagnostics is currently down by 9.2 percent.

Quest Diagnostics initially came under pressure after the lab testing services provider lowered its full-year earnings and revenue forecast.

The company said it now expects full-year earnings greater than $6.30 per share on revenues of approximately $7.57 billion compared to its previous forecast for earnings of $6.53 to $6.60 per share on revenues of around $7.62 billion.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
SiriusXM launched a new subscription package exclusively for college students at a steep discount, just ahead of the fall semester. The satellite-radio giant introduced the "Student Premier" Package that provides students with all the content in SiriusXM's "Premier Streaming" package for $4 per month. This is a 69 percent discount from the regular price of $12.99 per month for Premier Streaming. Apple Inc. warned that its newly launched titanium Apple Card can be easily damaged if not stored properly. The company advised that the card must be kept away from fabrics like leather and denim as they can cause permanent discoloration. The tech giant has posted a support page that provides instructions to users on how to protect and maintain their Apple Card. Southwire Co. LLC recalled about 3000 units of Garvin pop-up electrical outlet floor box kits for concerns of fire hazard. The company said the electrical receptacles can overheat when in use. Southwire already received three reports of the floor boxes overheating. However, there have been no injuries reported so far.
Follow RTT