Why Sorrento Therapeutics Stock Has Skyrocketed 1,000% Since the Market Crash

Why Sorrento Therapeutics Stock Has Skyrocketed 1,000% Since the Market Crash

From its lows during the depths of the COVID-19-induced stock market crash in March, shares of Sorrento Therapeutics (NASDAQ: SRNE) have soared more than 10 times in value. In May, Sorrento made the shocking announcement that it believed it found a cure to COVID-19. If we have the neutralizing antibody in your body, you don't need the social distancing.