Why Zomedica Stock Is Zooming Higher Today

Shares of Zomedica (NYSEMKT: ZOM) were zooming 16.7% higher as of 11:40 a.m. EDT on Thursday after soaring as much as 37.9% earlier in the session. There wasn't any news from the company, though.

Instead, today's big gain appears to be a continuation of momentum from earlier this week following a filing Morgan Stanley (NYSE: MS) made with the U.S. Securities and Exchange Commission. That SEC filing revealed that Morgan Stanley had invested more than $1.6 million in Zomedica stock.

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Source Fool.com