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Stock Weekly: Covalon Technologies (COV:CAD1.33) in its biggest weekly loss in 4 months

Feb 05, 2021 - News Bites Canadian Markets
Board and Executive Moves-Mergers and Acquisitions-Financial Results-Organizational Restructuring


Covalon Technologies Ltd. (TSXV:COV), Canada's 27th largest Biotechnology company by market cap, has dropped 17.0c (or 11.3%) in the past week to close at CAD1.33. Compared with the S&P/TSX 60 Index which rose 47.0 points (or 4.6%) in the week, this represented a relative price change of -15.9%.

In the past week the shares have dropped 11.3%, the biggest weekly fall since October 09, 2020.

In the past week the market cap has plunged by CAD4.4 mill...