Reply To: Traders Market Weekly: Central Banks and Big Tech Calibrations

#62339
TradersCom
Keymaster

Novan reminds us of the risk in Biotechs:

NOVN shares collapsed -68.8% on Monday after filed for bankruptcy and entered into deal to sell most of assets to Ligand Pharmaceuticals for $15 million.
$NOVN $0.19-0.42 (-68.87%)
$LGND $68.12 +0.27 (+0.40%)