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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...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Source: Koshiro K / Shutterstock.com Alphabet (NASDAQ: GOOGL , GOOG ) layoffs are worth checking on Wednesday as recent reports claim Google job cuts are coming to Ireland. According to these reports, the Alph...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Source: ra2 studio/Shutterstock Sorrento Therapeutics (NASDAQ: SRNE ) stock is trending on social media today, with SRNE stock up 8% at one point this morning. This climb came after shares soared roughly 25% yesterday...
Looking For Penny Stocks To Watch? Check For News Penny stocks are low-priced stocks traded outside significant stock exchanges. These stocks usually have a market value of less than $5 per share, making them affordable to new and small investors. However, investing in penny stocks can be...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Source: ventdusud / Shutterstock.com We’re starting off the day with a breakdown of the biggest pre-market stock movers traders need to watch on Wednesday! Moving stocks this morning are earnings reports, asset s...
Summary Sorrento Therapeutics has filed for Chapter 11 bankruptcy protection following two significant legal awards against the company, totaling $173.5 million. The legal battles stem from disputes with Dr. Patrick Soon-Shiong and his controlled entities regarding breaches of fiduciary...
3 Tips for Staying On Track With Your Penny Stock Investments Investing in penny stocks can be an exciting and potentially lucrative way to grow your wealth. However, it’s important to stay disciplined and focused when investing in these high-risk, high-reward securities. [Read M...
Sorrento Therapeutics, Inc. Receives Court Approval for $75 Million Financing in Chapter 11 Case PR Newswire SAN DIEGO , Feb. 21, 2023 /PRNewswire/ -- Sorrento Therapeutics, Inc. (Nasdaq: SRNE, "Sorrento"), a biopharmaceutical company dedicated to the development...
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...
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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...