Co-Diagnostics Stock Surges on Ebola Test Push, But One Filing Shows the Catch
Co-Diagnostics shares jumped in heavy Nasdaq trading on Tuesday after the molecular-testing company said it had advanced a polymerase chain reaction, or PCR, assay strategy for the Bundibugyo strain behind a fast-moving Ebola outbreak in central Africa. PCR tests look for genetic material from a pathogen, often giving laboratories a way to confirm infection.