Cardinal Health Stock Pops on Beat-and-Raise

Cardinal Health Inc (NYSE:CAH) stock is gapping higher on the charts today, after the company announced strong fiscal fourth-quarter results and raised its full-year guidance. Plus, the Ohio-based healthcare name raised its share repurchase expectations for fiscal 2025 to a total of $750 million. At last glance, CAH was up 3.6$106.31, earlier as high as $109. This positive price action has the stock flipping above the$105 level, which has provided pressure since April, as well as its 200-day moving av ...