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Labcorp Holdings Inc. (LH), headquartered in Burlington, North Carolina, is a leading global provider of comprehensive laboratory services. The company operates across two main segments: Diagnostics Laboratories and Biopharma Laboratory Services, offering a wide range of tests, from blood chemistry and microbiology to advanced gene-based and esoteric diagnostics. Labcorp’s market capitalization is about $21.7 billion.
Shares of the medical laboratory operator have slightly underperformed the broader market. Over the past 52 weeks, LH stock has rallied by 9.9%, while the broader S&P 500 Index ($SPX) has gained 10.5%. However, the stock rose 14% on a YTD basis, compared to SPX’s 11.2% surge.
