ZOM - Why Shares of Zomedica Corp. Dropped 22.5% in December
Zomedica (NYSEMKT: ZOM) , a veterinary health company focusing on point-of-care diagnostic products for pets, saw its shares drop 22.5% in December, according to data provided by S&P Global Market Intelligence . The stock is up 14.19% the past year but has been on a wild ride. It was trading for only $0.07 a share in November of 2020. It then climbed up to a high of $2.91 on Feb. 8 but has been pretty much in decline ever since.
It began last month with a high of $0.41 per share on Dec. 1 only to close at $0.31 per share on Dec. 31. The stock is a retail-investor favorite, listed at No. 23 in the Robinhood Top 100.
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Why Shares of Zomedica Corp. Dropped 22.5% in December