What Does Life After COVID Look Like for Fulgent Genetics?

Legendary investor Benjamin Graham, a mentor of Warren Buffett, is thought to have originated the idea of "special situation" investments. In his classic book the Intelligent Investor, Graham discussed how there can be mispricing between assets and markets. Fulgent Genetics (NASDAQ: FLGT) may have found itself in a very special situation where the market is mispricing the core assets of the company due to the cloud of uncertainty surrounding COVID testing.