- On December 31, 2007 during President Bush's second term
- On March 6, 2009, very early in President Obama's first term, which was their lowest point due to the spillover effects resulting from the 2008 financial meltdown, and
- also on the most recent date February 14, 2014.
The historical common stock prices of these companies were obtained from the following two excellent internet resources.... Google Finance and MarketWatch Big Charts.
These 17 largest US Medical Laboratories & Research Companies had their average stock prices decline by a huge 46% from December 31, 2007 during President Bush's second Presidential term, to March 6, 2009, very early in President Obama's first term, which was the very lowest point for the overall stock market due to the spillover effects resulting from the disastrous 2008 Financial Meltdown.
But in the slightly less than five years since March 6, 2009, the average stock prices of these same 17 largest US Medical Laboratories & Research Companies have increased by a very respectable 215% through February 14, 2014.
16 of these 17 US Medical Laboratories & Research Companies experienced stock price increases since March 6, 2009.
Clearly, a majority of the investors in and employees of these 17 US Medical Laboratories & Research Companies must be pleased with the impact of actions taken by both the Obama Administration and the US Fed to successfully rescue the US economy from its extremely weakened state.
Also, all of these US Medical Laboratories & Research Companies are huge beneficiaries of the Affordable Care Act.
Below here are the stock market prices of each of these 17 US Medical Laboratories & Research Companies on February 14, 2014, on March 6, 2009, and on December 31, 2007:
Market | Market | ||||||
Price | Price | ||||||
% | % | ||||||
Change | Change | ||||||
Market | Market | Market | 3-6-09 | 12-31-07 | |||
Price | Price | Price | to | to | |||
Medical Laboratories & Research Company | HQs | 2-14-14 | 3-6-09 | 12-31-07 | 2-14-14 | 3-6-09 | |
PAREXEL Intl | Waltham | MA | 51.70 | 7.95 | 24.15 | 550% | -67% |
Mettler-Toledo | Columbus | OH | 249.64 | 47.40 | 113.80 | 427% | -58% |
Neogenomics | Fort Myers | FL | 3.74 | 0.75 | 1.08 | 399% | -31% |
TearLab | San Diego | CA | 7.06 | 1.50 | 2.00 | 371% | -25% |
Psychemedics | Acton | MA | 18.64 | 4.04 | 16.05 | 361% | -75% |
Agilent Technologies | Santa Clara | CA | 55.25 | 12.65 | 36.74 | 337% | -66% |
PerkinElmer | Waltham | MA | 43.98 | 11.52 | 26.02 | 282% | -56% |
Thermo Fisher Scientific | Waltham | MA | 123.74 | 34.16 | 57.68 | 262% | -41% |
Covance | Princeton | NJ | 102.34 | 34.50 | 86.62 | 197% | -60% |
Bio-Reference Laboratories | Elmwood Park | NJ | 27.38 | 10.64 | 16.34 | 157% | -35% |
Bio-Rad Laboratories | Hercules | CA | 131.59 | 54.97 | 103.62 | 139% | -47% |
Laboratory Corp America | Burlington | NC | 91.94 | 54.99 | 75.53 | 67% | -27% |
Alere | Waltham | MA | 35.12 | 21.97 | 56.18 | 60% | -61% |
Genomic Health | Redwood City | CA | 27.62 | 19.57 | 22.64 | 41% | -14% |
Quest Diagnostics | Madison | NJ | 52.60 | 44.41 | 52.90 | 18% | -16% |
Enzo Biochem | New York | NY | 3.34 | 3.08 | 12.74 | 8% | -76% |
Alliance Healthcare Services | Newport Beach | CA | 28.77 | 34.35 | 48.10 | -16% | -29% |
Average % Change all 17 | 215% | -46% |