Sorrento Therapeutics (NASDAQ:SRNE) Stock Hits Another Low: What’s Going On?
Biotech firm Sorrento Therapeutics (NASDAQ:SRNE) has had a pretty tough time in the markets in the past month and the trend was apparent last week as well, as the stock tanked by another 20%. The selloff in the last week took the cumulative decline suffered by the stock in the past month to as much as 36%. Trading Data On Friday, SRNE stock gained 2.78% to $2.96 with more than…