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.
Source Fool.com