Why Zomedica Stock Skyrocketed More Than 100% Today

1 min read

Shares of Zomedica (NYSEMKT: ZOM) soared on Monday, extending the veterinary health company’s torrid gains in recent days. As of 1:30 p.m. EST, Zomedica’s stock price was up 103%.

Investors appear to be buying in ahead of Zomedica’s upcoming launch of its Truforma point-of-care diagnostic platform for cats and dogs on March 30. Truforma’s patent-protected system uses bulk acoustic wave (BAW) technology, which is said to be precise and reliable. 

Investors continued to bid up Zomedica’s stock on Monday. Image source: Getty Images.

Continue reading

Leave a Reply

Your email address will not be published.

Previous Story

Bitcoin Plunges More Than 25%, Which Is Bad News For These Stocks Today

Next Story

Why Square Stock Fell Today

Latest from Blog