Here's Why Zomedica Stock Popped Today

Shares of Zomedica (NYSEMKT: ZOM) climbed on Friday after the animal health specialist struck a deal to acquire Pulse Veterinary Technologies. 

By the close of trading today, Zomedica's stock price was up 9.8% after rising as much as 21.2% earlier in the day.

Pulse's electro-hydraulic shock wave technology has an array of veterinary applications, such as tendon, ligament, bone, and wound healing. It uses high-energy sound waves to stimulate cells and release healing growth factors in animals.

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Source Fool.com