Sana Biotech Shares Skyrocket on 100x Hype – What’s Behind the Rally?
Stock Surge Fueled by ‘100-Bagger’ Tweet On Oct. 15, SANA spiked as investors reacted to hedge fund manager Eric Jackson’s bullish call. In a post on X (formerly Twitter), Jackson proclaimed: “Biotech is back. Rates are falling, inflation is cooling, and money is rotating from megacaps to growth again,” and suggested “$SANA looks like the next 100-Bagger platform”benzinga.com. Benzinga and other outlets noted that this endorsement sent SANA shares up sharply that morningbenzinga.com. (Trading was even halted several times due to the rapid move.) Earlier in the week, SANA’s stock had been quietly rallying on general biotech enthusiasm and anticipation