McKesson (MCK -1.7%) slips on a likely bout of profit-taking after its FQ4 earnings easily beat...

|About: McKesson Corporation (MCK)|By:, SA News Editor

McKesson (MCK -1.7%) slips on a likely bout of profit-taking after its FQ4 earnings easily beat estimates late yesterday. Net profit rose 23% Y/Y, led by continued growth from the drug wholesaler's distribution business. The stock has outperformed over the past couple months however, gaining over 12% just since March, and investors appear to be taking advantage of the recent strength to take some money off the table.