QuidelOrtho Corporation (NASDAQ:QDEL) (“QuidelOrtho”), a global provider of innovative in vitro diagnostics technologies designed for point-of-care settings, clinical labs and transfusion medicine, announced today that its board of directors has authorized the repurchase of up to $300 million of shares of QuidelOrtho’s common stock over the next two years.
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Major Wall Street indices closed in the red after the consumer price index released on Tuesday showed inflation increased 0.5% in January, with an annual gain of 6.4%, against the consensus estimate of 6.2%.