Laboratory Of America Holdings logo

LH - Laboratory Of America Holdings News Story

$254.75 2.7  1.1%

Last Trade - 09/04/21

Sector
Healthcare
Size
Large Cap
Market Cap £18.14bn
Enterprise Value £21.48bn
Revenue £10.20bn
Position in Universe 493rd / 6827

BUZZ-LabCorp: Up on report activist investor Jana to nominate directors to board

Tue 23rd February, 2021 5:35pm
** Shares of clinical laboratory operator  LH.N  up 2.9% at
$251 
    ** Activist investor Jana is said to nominate directors to
co's board, according to tweet by Bloomberg reporter 
    ** According to regulatory filing on Feb. 16, Jana Partners
bought 811,661 shares in Labcorp, making it one of the firm's
five largest investments
    ** Jana, founded by Barry Rosenstein, has a history of
pushing for change in healthcare space  
    ** Including session's gain, stock had risen ~34% in last 12
months

 (Reporting by Dania Nadeem in Bengaluru)
 ((Dania.Nadeem@thomsonreuters.com;))
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