IDEXX (IDXX) Witnesses Rising Expenses, Currency Issues
IDEXX(IDXX) zacks.com·2024-05-21 00:20
IDEXX Laboratories' (IDXX) business has been suffering due to complex macroeconomic conditions and unfavorable currency movement. The stock carries a Zacks Rank #4 (Sell) currently.Global macroeconomic conditions, including growing geopolitical complexities, supply chain disruptions leading to increases in the unit cost of raw materials, shortages of healthcare staff, fluctuations in foreign currency exchange rates and volatility in capital markets may continue to affect IDEXX’s results of operations. These ...