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Soleno (SLNO) Looks Good: Stock Adds 6.8% in Session
Soleno Therapeutics, Inc. (SLNO - Free Report) was a big mover last session, as the company saw its shares rise nearly 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, which remained volatile and traded within the range of $1.77–$4.23 in the past one-month time frame, witnessed a sharp increase on Friday.
The company has seen one negative estimate revisions in the past few months, while its Zacks Consensus Estimate for the current quarter has also moved lower over the past few months, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward, to see if this recent move higher can last.
Solenocurrently has a Zacks Rank #1 (Strong Buy) while its Earnings ESP is 0.00%.
Soleno Therapeutics, Inc. Price
Soleno Therapeutics, Inc. price | Soleno Therapeutics, Inc. Quote
A better-ranked stock in the Medical sector isAvenue Therapeutics Inc (ATXI - Free Report) , which currently carries a Zacks Rank #1. You can see the complete list of today’s Zacks #1 Rank stocks here.
More Stock News: This Is Bigger than the iPhone!
It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.
Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2021.
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