My feeling is the FDA approval and the following SP rise, has more to do with the CEO having proven to the market that he is competent. The market is watching very closely and they'll continue throwing cash at the company as long as Mr Ward is working hard, achieving results and dancing to the right tune.
Management just has to keep running and proving itself.
Ann: Lumos Receives US FDA Clearance for FebriDx, page-261
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