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why is zom stock down

by Wilburn Hoeger I Published 3 years ago Updated 2 years ago
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Zomedica's cash stockpile was boosted by its sale of over 91 million shares earlier this year. The transaction further diluted the value of existing shares, causing Zomedica stock to fall more than it otherwise would have.Aug 19, 2021

Why is zomedica stock dropping?

Dec 05, 2020 · And that's a little, you know, that's the slowing growth that is, at least for the day, well, not a death knell for Zoom Video, but the stock …

Is Zom stock still a buy after 14% gain in August?

Jul 28, 2021 · Avoid Zomedica Stock As It’s Bogged Down By Too Many Red Flags. Wait to buy ZOM stock until it gets down close to its cash per share or 30 cents. By Mark R. Hake, CFA Jul 28, 2021, 4:21 pm EST ...

How has zoom stock performed in the past year?

Dec 02, 2021 · Zoom released earnings yesterday, stock gets smashed again today. Company posted revenue of $1.05 billion. That was 35 percent higher. It beat Wall Street's estimates. Earnings came in at $1.11 ...

Will zomedica's valuation justify its potential?

This is big news for ZOM stock, which has a market capitalization of $367.6 million and a big milestone to celebrate. The reason is that in 2020, reported revenue was non-existent. Source:...

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Why is ZOM stock dropping?

The reason behind the decline goes back into the previous week, when Zomedica announced its third-quarter results after the market close on Nov. 12. The veterinary health company reported revenue in the third quarter of only $22,514. It posted a net loss of $6.3 million, or $0.091 per share.Nov 18, 2021

Is ZOM stock a good buy?

ZOM stock could provide some good gains in the long term if its veterinary diagnostic and therapeutic technologies can gain sufficient market traction. However, the stock remains a speculative investment that owed its previous tops to the Reddit meme that lifted other stocks like GameStop and AMC.Feb 4, 2022

Will ZOM stock ever recover?

ZOM stock will likely struggle to recover in price over the next few months. It's going to be awhile before this early stage company will again have the chance to prove itself to investors.Oct 7, 2021

Will ZOM be delisted?

(NYSE American: ZOM) (TSX-V: ZOM) (“Zomedica” or the “Company”) a veterinary diagnostic and pharmaceutical company, today announced that it has received approval of its application to delist its common shares from the TSX Venture Exchange (“TSXV”) effective at the close of business on February 10, 2020.Jan 30, 2020

Will CEI stock go up?

Based on the algorithm-based CEI price prediction from Wallet Investor as of 22 March, the price of Camber Energy in the near term could rise to $1.14 per share by 4 April 2022. However, the service predicted that the stock could end the year at $0.Mar 22, 2022

Does ZOM have a future?

Zomedica Corp (NYSE American:ZOM) The 1 analysts offering 12-month price forecasts for Zomedica Corp have a median target of 1.20, with a high estimate of 1.20 and a low estimate of 1.20. The median estimate represents a +253.15% increase from the last price of 0.34.

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