Why Sorrento Therapeutics Stock Is Crashing Today

Why Sorrento Therapeutics Stock Is Crashing Today

Submitted by admin on February 13, 2023 - 9:58pm
Source: 
Motley Fool
News Tags: 
Sorrento Therapeutics
bankruptcy
Headline: 
Why Sorrento Therapeutics Stock Is Crashing Today
snippet: 
  • Sorrento Therapeutics' stock lost over half of its value this morning in response to a Chapter 11 bankruptcy filing.
  • Although the company does sport several high-value assets, it faces a number of near-term challenges.

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