Soleno Therapeutics stock slides today: SLNO drops on investor-alert headline as biotech sector slips
Soleno Therapeutics shares dropped 3.1% to $46.09 Tuesday after Pomerantz LLP announced an investigation into potential investor claims, citing a prior short-seller report on Vykat XR. The decline outpaced biotech ETFs. Investors are awaiting new data on Vykat XR’s launch and any litigation developments. Short interest stands at about 19% of free float.