Why Zomedica Stock Popped Today
Shares of Zomedica (NYSEMKT: ZOM) climbed on Monday after the veterinary health specialist announced a key hiring. As of 2:15 p.m. EDT, the stock's price was up more than 3% after rising as much as 9.3% earlier in the day.
Greg Blair will take on the role of vice president of business development. He will lead the company's acquisition and licensing efforts, as Zomedica seeks to expand its business.
Blair previously served in leadership positions at several healthcare companies, including Eli Lilly, Johnson & Johnson, and Intuitive Surgical. "Greg has the exact combination of industry knowledge, transactional experience, unlimited energy, and commitment to excellence needed to help bring Zomedica to the next level," CEO Robert Cohen said in a press release.
Source Fool.com
