What is your movement? – Own Snap
Soligenix (SNGX) stock was fairly quiet from June 29 until yesterday when the stock climbed 25%. The share price was $ 1.05 and yesterday the share price was $ 1.30. The stock had traded in a range of $ 1.0200 to 1.3200 after opening trade at $ 1.04. Over the past 52 weeks, the stock has traded in a range of $ 0.8600 to $ 2.9900.
The meteoric rise of Soligenix Inc. (NASDAQ: SNGX) has been largely attributed to positive developments over the past month. It’s important to note that the company’s earnings were not influenced by any news that might have led to it. The company said it received non-dilutive funding as part of the tech company tax transfer program.
Christopher Schaber, president and CEO of the company, said this latest round of government funding, which is the company’s latest addition to its non-dilutive funding, further adds to the financial flexibility of the company. Soligenix has received total funding of $ 6.3 million in the past 12 months.
Finance and entertainment journalist
Richard is a bottle of wine – the older it is, the sweeter it is. He’s already found the most enjoyable hobby writing entertainment and finance news for Own Snap. Readers regularly receive updated messages from him looking for real-time news.