/Labcorp%20Holdings%20Inc_%20lab%20tests-by%20sergeyryzhov%20via%20iStock.jpg)
Burlington, North Carolina-based Labcorp Holdings Inc. (LH) is a provider of laboratory services. It offers various tests, such as blood chemistry analyses, urinalyses, thyroid, PAP, substance abuse, and many more. With a market cap of $19.6 billion, Labcorp operates through Diagnostics Laboratories and Biopharma Laboratory Services segments.
Companies worth $10 billion or more are generally described as "large-cap stocks," Labcorp fits right into that category, with its market cap exceeding the threshold, reflecting its significant size and influence in the competitive industry of diagnostics & research.