Shares in Evolved digital have dropped by approximately 50 percent on five times the average trading volume today. The stock, which trades on the Toronto Stock Exchange, has struggled in the last months falling from its high of 33 cents per share in late July to its current trading price of 5 cents per share as of the last recorded trade at 12:40 p.m.
Such a drastic drop cannot spell good things for the Brentwood-based healthcare technology solutions company which announced just last week that it would trim its workforce by 14 employees. If nothing else, though, some comfort for the company and its shareholders can be found in Zeno's paradox.
Officials from Evolved Digital could not be reached for comment at the time of publication.
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