Why Fluidigm Stock Is Flying Higher Today

Shares of Fluidigm (NASDAQ: FLDM) were flying 15.3% higher as of 10:55 a.m. EST on Friday. The big jump came after the company announced that it has received the CE-IVD mark for its Advanta Dx saliva-based COVID-19 test.

The "CE" in Fluidigm's CE mark stands for "European conformity" while the "IVD" stands for "in vitro diagnostics." The CE-IVD mark for Advanta Dx means that Fluidigm can now sell its saliva-based test throughout the European Union. Fluidigm has already launched its Advanta Dx test in the U.S. after receiving emergency use authorization in August.

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Source Fool.com