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Gold
One platform for global traditional assets
Options
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Introduction to Futures Trading
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Demo Trading
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CandyDrop
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Alpha Points
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IDEXX Stock Has Rallied 40% Over the Past Year: Can a New CEO Keep the Momentum Going?
IDEXX Laboratories recently announced Michael Erickson will succeed Jay Mazelsky as CEO, following a year where shares surged significantly. Despite beating Q4 revenue estimates, concerns arose from a guided 2% decline in U.S. same-store clinical visits, causing a slight stock dip. Analysts project a potential 38% upside to $873 by December 2028, contingent on sustained 9% revenue growth and 33% operating margins, though the exit multiple already aligns with current market pricing.