SRNE - Is Sorrento Therapeutics a Good Coronavirus Stock to Buy?
Sorrento Therapeutics (NASDAQ: SRNE) is one of those stocks that's kind of like a lightning rod. That's apparent from the fact that over 22% of the biotech's outstanding shares were sold short as of Aug. 14, 2020. On the other hand, there are also many investors who feel strongly optimistic about Sorrento's growth prospects.
The company has received lots of attention since CEO Henry Ji announced in May that Sorrento could have a cure for COVID-19. Its stock has been a big winner, jumping close to 150% year to date. But is Sorrento Therapeutics a good coronavirus stock to buy?
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