watch this drop today. I do agree with a rerate but not to this proportion. Sales to the US wont save it given it (the product) has already been sold to most of the world and the market cap had only diminished. The US isnt some magic wand but it will help with revenue somewhat..
some logic: https://www.dhakatribune.com/financial-markets/2023/07/03/lumos-diagnostics-ldx-up-500-on-fda-authorisation---this-could-be-excessive
Good luck day traders.
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