Covance (CVD) Earning Somewhat Favorable Press Coverage, Study Shows
Press coverage about Covance (NYSE:CVD) has trended somewhat positive this week, according to Accern. The research firm identifies positive and negative media coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Covance earned a daily sentiment score of 0.18 on Accern’s scale. Accern also gave news coverage about the healthcare company an impact score of 85 out of 100, indicating that recent media coverage is very likely to have an effect on the company’s share price in the next several days.
Covance Company Profile
Covance Inc is engaged in drug development services. The Company provides a range of early-stage and late-stage product development services to the pharmaceutical and biotechnology industries. The Company also provides laboratory testing services to the chemical, agrochemical and food industries. The Company operates in two segments: early development services, and late-stage development services.
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