Employers Struggle with Drug Test Policies Amid Varying State Laws, Cheating on Drug Tests Reaches 30-Year High
Portfolio Pulse from Vandana Singh
Cheating on drug tests among American workers has surged to a 30-year high, with Quest Diagnostics Inc (NASDAQ:DGX) reporting significant increases in tampered samples. The rise in positive drug tests, particularly for marijuana, and varied state laws present challenges for employers maintaining drug-free workplaces.
May 15, 2024 | 12:37 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Quest Diagnostics Inc (NASDAQ:DGX) reported a significant increase in tampered drug tests, highlighting challenges for employers in maintaining drug-free workplaces amid varied state laws. This could impact DGX's reputation and demand for its drug-testing services.
The report from Quest Diagnostics highlights a significant issue in drug testing, which could increase demand for more sophisticated testing services. However, the rise in tampering and positive tests could also impact the company's reputation. Overall, the news is likely to have a positive short-term impact on DGX due to increased attention and potential demand for their services.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100