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Why Cardinal Health Stock Was Tumbling on Tuesday

The healthcare conglomerate handily beat on the bottom line in its latest reported quarter, but that's not what the market was paying attention to.Sprawling healthcare company Cardinal Health (CAH -7.08%) reported its latest quarterly results and announced a sizable new acquisition Tuesday morning. The market didn't take these news items well, however, and in late-session trading, it was pushing the company's share price down by nearly 7%. The S&P 500 index, meanwhile, was bouncing higher with a more than 1 ...