Today: 9 June 2026
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NASDAQ:CODX 27 October 2025 - 26 May 2026

Co-Diagnostics (CODX) Stock Triples on Saudi JV Deal – Analysts See More Upside Ahead

Co-Diagnostics Stock Surges on Ebola Test Push, But One Filing Shows the Catch

Co-Diagnostics shares surged 78% to $9.03 Tuesday after the company announced progress on a PCR test for the Bundibugyo Ebola strain amid a fast-spreading outbreak in central Africa. Over 46.5 million shares traded following news of the test, which is not yet approved for sale. The company recently raised $3 million in a private placement but reported a first-quarter net loss of $9.14 million and warned of “substantial doubt” about its ability to continue.
26 May 2026
Co-Diagnostics Jumps; $3 Million Deal Looms

Co-Diagnostics Jumps; $3 Million Deal Looms

Co-Diagnostics announced a $3 million private placement after its stock surged 43.8% Tuesday, then fell 13.3% in after-hours trading. The company will sell 1.65 million shares or pre-funded warrants, plus warrants for up to 3.29 million more shares, nearly doubling its share count. The move follows its completion of a Bundibugyo virus assay as Ebola spreads in Congo and Uganda. Co-Diagnostics reported $8.2 million in cash at March 31.
Co-Diagnostics Stock Surges on Ebola Assay News — The Fine Print Is Big

Co-Diagnostics Stock Surges on Ebola Assay News — The Fine Print Is Big

Co-Diagnostics shares surged 51% Tuesday after the company announced completion of an assay strategy for the Bundibugyo Ebola virus, though the test is not yet for sale and awaits regulatory approval. Trading volume topped 94 million shares. The company reported $8.23 million in cash at March 31 and a quarterly net loss of $9.14 million, raising concerns about its financial stability.
Co-Diagnostics (CODX) Stock Triples on Saudi JV Deal – Analysts See More Upside Ahead

Co-Diagnostics (CODX) Stock Triples on Saudi JV Deal – Analysts See More Upside Ahead

Co-Diagnostics shares soared 206% to close at $1.07 on October 27 after announcing a joint venture with Arabian Eagle Manufacturing to distribute PCR tests in Saudi Arabia and 18 other countries. Over 100 million shares traded amid the surge. The stock’s market cap jumped from about $18 million to as much as $60 million. The company reported just $200,000 in Q2 revenue and recently raised $3.8 million via stock sale.
Co-Diagnostics (CODX) Stock Skyrockets 200% on Saudi JV – Is This Just the Beginning?

Co-Diagnostics (CODX) Stock Skyrockets 200% on Saudi JV – Is This Just the Beginning?

Co-Diagnostics shares jumped over 200% to close at $1.07 on October 27 after announcing a joint venture with Arabian Eagle Manufacturing to distribute PCR tests across the Middle East and North Africa. Trading volume topped 100 million shares amid a surge in retail investor activity. The company recently reported Q2 revenue of $200,000, down sharply from the prior year. Analyst price targets ranged from $1.00 to $3.00.

Stock Market Today

  • Adobe Eyes Internal CEO Successor Amidst AI Strategy Uncertainty
    June 9, 2026, 4:40 PM EDT. Adobe plans to appoint a new CEO this Thursday to succeed Shantanu Narayen. Despite uncertainty surrounding the company's future, it is expected to choose an internal candidate. This leadership change comes as Adobe faces pressure to make bold advancements in artificial intelligence (AI), a key growth area in technology sectors. The incoming CEO's approach to AI will be closely watched by investors and market analysts.

Latest articles

Velo3D shares jump on gas-turbine order; VELO gains traction

Velo3D shares jump on gas-turbine order; VELO gains traction

9 June 2026
Velo3D shares soared 21% to $19.64 after announcing a gas-turbine manufacturing partnership with Aurelia Technologies using its Sapphire XC platform, expanding beyond aerospace and defense; no order value disclosed, so gains reflect expected future work as investors await Wednesday’s investor presentation.
Colorado PERA pay dispute spotlights mix of big bonuses and lower pensions

Colorado PERA pay dispute spotlights mix of big bonuses and lower pensions

9 June 2026
Colorado’s public pension fund paid $11.7 million in bonuses to investment staff after losing $9.8 billion in 2022, even as retirees’ checks lag inflation and the fund faces a $29 billion gap, fueling scrutiny over rising compensation while retirees and taxpayers absorb cuts and higher contributions.
Wall Street on Edge as Nasdaq AI Losses Deepen Before CPI, IPOs

Wall Street on Edge as Nasdaq AI Losses Deepen Before CPI, IPOs

9 June 2026
Nasdaq plunged 1.21% and S&P 500 fell 0.53% as tech and AI stocks resumed their sharp selloff, with the S&P tech index down over 4% at one point, while investors braced for Wednesday’s key CPI inflation data, Iran risks, and a wave of major IPOs that could force further stock rotation.
Dow Edges Up 16 Points, Nasdaq Falls After Bell

Dow Edges Up 16 Points, Nasdaq Falls After Bell

9 June 2026
Tech stocks plunged, dragging the Nasdaq down 1.21% as investors dumped AI and chip shares ahead of key inflation data and after President Trump called for a U.S. response to Iran’s downing of a U.S. helicopter; the Dow edged up just 16 points as volatility spiked to its highest since April 7.
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