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Why Zomedica Stock Has Lost Its Luster


February might seem like ages ago for Zomedica (NYSEMKT: ZOM) shareholders. Just six months ago, shares of the veterinary health company were up more than 1,000% year to date. That's right -- in six weeks, Zomedica had become a 10-bagger.

The euphoria didn't last very long. The healthcare stock began to sink rapidly. Despite a few bounces along the way, Zomedica's share price is now more than 80% below its peak from earlier this year.

What happened? Here's why Zomedica stock has lost much of its luster.

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Source Fool.com

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