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Shares of Sorrento Therapeutics (NASDAQ: SRNE) were up 25.8% Tuesday afternoon, after being up as much as 51.6% earlier in the day. The biopharmaceutical company makes therapies to treat cancer, autoimmune disorders, inflammatory conditions, and viral and neurodegenerative diseases. It ha...
Investors interested in penny stocks should follow company-specific news to understand its impact on their investments. The information can help them make informed decisions about the penny stocks to buy. Investors need to keep an eye on the stock market today too, which can provide a broader...
SAN DIEGO, Feb. 18, 2023 (GLOBE NEWSWIRE) -- Sorrento Therapeutics, Inc. (Nasdaq: SRNE, “Sorrento”) today posted an IRS Form 8937 (the “Form 8937”) to supplement its previously issued “Frequently Asked Questions” document under the “Investorsȁ...
3 Tips for Selling Penny Stocks in 2023 Penny stocks are stocks that are typically priced below $5 per share and offer significant upside potential for investors. Many people are drawn to penny stocks because of their low cost and the potential for high returns. However, penny stocks can ...
SAN DIEGO, Feb. 17, 2023 (GLOBE NEWSWIRE) -- Sorrento Therapeutics, Inc. (Nasdaq: SRNE, “Sorrento”) today posted an update to its previously issued “Frequently Asked Questions” document under the “Investors” section of its website at www.sorrentothera...
Robinhood has become one of the popular platforms used by retail traders. A popular group of stocks that has remained attractive is the ones trading for under $5. Whether you call them “ penny stocks ” or simply “cheap stocks,” the term is secondary to why they...
3 Ways to Identify Penny Stock Trends Penny stocks can offer significant upside potential for investors who are willing to take on some risk. However, penny stocks can also be highly volatile, which makes it challenging to identify trends and make informed investment decisions. For this r...
Sorrento Therapeutics, Inc. Receives Court Approval for "First Day" Employee Wages and Cash Management Motions PR Newswire SAN DIEGO , Feb. 16, 2023 /PRNewswire/ -- Sorrento Therapeutics, Inc. (Nasdaq: SRNE, "Sorrento"), a biopharmaceutical company dedicated to t...
Scilex Holding Co. ( NASDAQ: SCLX ), a majority-owned subsidiary of Sorrento Therapeutics ( NASDAQ: SRNE ), is not a debtor in the latter's Chapter 11 bankruptcy filing announced earlier on Monday. The two companies said that business will continue as usual at Scilex ( S...
SAN DIEGO and PALO ALTO, Calif., Feb. 13, 2023 (GLOBE NEWSWIRE) -- Scilex Holding Company (Nasdaq: SCLX, “Scilex”), a majority-owned subsidiary of Sorrento Therapeutics, Inc. (Nasdaq: SRNE, “Sorrento”) and an innovative revenue-generating company focused on acquiring, ...
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What goes up usually comes down, and that's exactly what happened with Sorrento Therapeutics (NASDAQ: SRNE) today. Shares of Sorrento were crashing 30.4% as of 3:38 p.m. ET on Wednesday after soaring more than 60% on Tuesday. Sorrento's huge surge yesterday came after the company anno...
A California-based %Biotech company is turning heads Wednesday morning after it was announced that the U.S. Bankruptcy Court granted an interim approval of the company’s $75 million debtor-in-possession financing. While bankruptcy court can get a little messy, traders seem to b...