Zomedica Inc. (ZOM)

Zomedica Inc. (ZOM)


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Zomedica Inc. (ZOM) Profile

Zomedica is an American animal health company founded in 2013 that produces veterinary diagnostic tools. In early 2021, Zomedica was sent soaring by retail traders as one of many “meme stocks”. The company currently has no revenue as their veterinary diagnostic tools are still in the development stage and are not yet sold, however the company has a plenty of cash of around $276 million, which gives them enough resources to continue operations for a significant amount of time before development is finished. Could Zomedica be a good investment now that the meme stock hype has died down?

Zomedica(ZOM.xnys): Trade a Contract for Difference (CFD) on ZOM.xnys stock, and speculate on the stock price difference of the underlying asset. CFD is a financial contract that allows you to trade on the underlying asset price without the need to purchase the actual stock. Investors are trading the difference in the value of a security, between the opening and closing of the trade. You can either hold a long position (Buy) or a short position (Sell). CFDs are considered short-term investments or trades, as CFDs tend to be used within shorter timeframes.

Holding cost
Largos
-5%
Cortos
-2.5%
Trading hours in US Eastern Time
Fri
16:30-23:00
Mon
16:30-23:00
Tue
16:30-23:00
Wed
16:30-23:00
Thu
16:30-23:00
Sun
Cierra
Sat
Cierra

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Share CFD Trading FAQ

Each investor owning shares of a company is also owning fragments of the company. A quite simple way to explain what a stock is is basically when a company divides itself into several shares and then it makes a part of these equities available to the public, at a price. Each investor owning shares of a company is owning fragments of the company.

While shares represent units of ownership within a company Contracts for Difference (CFDs) allow traders to speculate on the future share price fluctuations of an underlying asset. Thus when trading CFDs traders do not physically own the underlying asset. CFDs are available for a range of underlying assets, such as acciones, commodities, y foreign exchange, y índices.

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