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Why Danaher Stock Bounced Higher Today

Better-than-expected quarterly profitability was the engine driving Danaher (NYSE: DHR) stock higher on Tuesday. Cheered by the company's estimates-beating results, investors piled into the healthcare conglomerate's equity, and the stock closed the day more than 4% higher. Danaher's total sales in its third quarter amounted to $6. 55 billion, up 8% from the year-ago period.

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