NASDAQ:CODX

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Co-Diagnostics Shares Drop After New Resale Filing

Co-Diagnostics shares fell 21% to $6.71 in early Nasdaq trading Monday after the SEC declared effective a resale registration for up to 4.94 million shares from a May private placement. The company said it will not receive proceeds from share resales but could get up to $5.18 million if warrants are exercised. The stock traded between $5.11 and $10.18 during the session.

June 1, 2026

FTSE 100 dips 0.7% as Iran halts US peace talks; oil prices surge
June 1, 2026, 1:19 PM EDT. The FTSE 100 fell 0.7% to 10,338.95 on Monday following Iran's suspension of peace talks with the U.S. amid renewed conflict linked to Israel's Lebanon offensive. The FTSE 250 and AIM also declined. Brent crude oil prices jumped to $97.22 a barrel, responding to Iran's threats to block key shipping routes including the Strait of Hormuz. European markets also slipped, with Paris' CAC 40 down 0.5% and Frankfurt's DAX 40 falling 0.4%. In contrast, U.S. indexes were mixed. UK manufacturing expanded at its fastest pace in four years despite cost pressures linked to Middle East tensions. BP and Shell shares rose over 2% on the back of higher oil prices. Key global currencies and Treasury yields reflected heightened geopolitical risk and market caution.