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Why Co-Diagnostics Stock Surged 24% in July

TheMotleyFool

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Why Co-Diagnostics Stock Surged 24% in JulyPhoto, wide shot, wide-angle lens, Mental health care service, Midday, harsh overhead sunlight, directional sunlightt, photo by Art Wolfe: https://img.midjourneyapi.xyz/temp/7ce3b930-5e2a-4215-b686-0ad0eb0b922a.png

Co-Diagnostics (NASDAQ: CODX) stock jumped 24% in July, according to data from S&P Global Market Intelligence. For context, the S&P 500 returned 5.6% last month.

Shares of the healthcare diagnostics company have risen 7.2% this month, through Friday, Aug. 7. In 2020, the stock has gained a whopping 2,770%, while the broader market has returned 4.9% over this period.

Image source: Getty Images.

Source Fool.com

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