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$LHDX Lucira stock more than doubles after hours on FDA OK for COVID-19, flu test
Published: Feb. 24, 2023 at 5:28 p.m. ET

Lucira Health Inc. LHDX, +13.45% shares more than doubled in the extended session Friday after the Food and Drug Administration authorized use of its at-home test that can detect both the flu and the virus that causes COVID-19. Shares of Lucira soared more than 150% after hours, following a regular session gain of 13.5% to close at 14 cents. Earlier this week, Lucira had filed for chapter 11 bankruptcy protection. “Today’s authorization of the first OTC test that can detect Influenza A and B, along with SARS-CoV-2, is a major milestone in bringing greater consumer access to diagnostic tests that can be performed entirely at home,” said Jeff Shuren, head of FDA’s Center for Devices and Radiological Health, in a statement.