What Investors Didn't Like About Co-Diagnostics' Q4 Update

No one expected Co-Diagnostics (NASDAQ: CODX) to follow up its fantastic gain of nearly 940% in 2020 with anything close to that level this year. However, the molecular-diagnostics stock got off to a great start. The momentum is losing steam now, though.

Co-Diagnostics announced its fourth-quarter and full-year 2020 results after the market close on Thursday. The healthcare stock sank 8% in after-hours trading. Here are the highlights from the company's Q4 update.

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Source Fool.com