Why was Tonix stock so high?

Why was Tonix stock so high?

The company’s shares soared a few weeks ago after Tonix announced positive results from a preclinical study of the experimental vaccine in nonhuman primates. TNX-1800 is a modified horsepox virus that’s engineered to express a protein from the novel coronavirus that causes COVID-19.Apr 8, 2021

Why did tonix Pharmaceuticals stock drop?

The big decline came after Tonix announced on Friday following the market close that it is halting enrollment in a late-stage clinical study evaluating TNX-102 SL in treating fibromyalgia.

What is the future of tonix pharmaceuticals?

Tonix expects to conduct a Phase 2 study in Long COVID in the first half of 2022. Tonix’s immunology portfolio also includes biologics to address immunosuppression, cancer, and autoimmune diseases. TNX-102 SL is an investigational new drug and has not been approved for any indication.Nov 8, 2021

Why is TNXP stock so low?

What happened. Shares of Tonix Pharmaceuticals (NASDAQ:TNXP) were crashing 28.3% lower as of 10:24 a.m. EDT on Monday. The big decline came after Tonix announced on Friday following the market close that it is halting enrollment in a late-stage clinical study evaluating TNX-102 SL in treating fibromyalgia.

Is Tonix a good buy?

Tonix Pharmaceuticals has received a consensus rating of Buy.

Will Tonix ever recover?

In total, the company plans to have three programs entering into phase 2 trials by the end of 2021. That means 2022 and 2023 could easily be better for investors than this year. And investors can be confident that Tonix will survive for the near future.Aug 1, 2021

Who is buying TNXP?

Fair opening price Current price
$0.20 $0.20 (Undervalued)

What is the future of Tonix Pharmaceuticals stock?

On average, Wall Street analysts predict that Tonix Pharmaceuticals Holding Corp’s share price could reach $3.00 by Sep 3, 2021. The average Tonix Pharmaceuticals Holding Corp stock price prediction forecasts a potential upside of 1,438.46% from the current TNXP share price of $0.20.

Will Tonix reverse split?

Tonix Pharmaceuticals Holding Corp. (Nasdaq: TNXP) (Tonix or the Company), a clinical-stage biopharmaceutical company, announced today that it will effect a 1-for-10 reverse stock split of its outstanding common stock. This will be effective for trading purposes as of the commencement of trading on November 1, 2019.

What happen to TNXP?

The Company’s ticker symbol, “TNXP”, will remain unchanged; however, the ticker symbol will be represented as “TNXPD” for 20 trading days commencing on the Effective Date to designate the Reverse Split. “We view the Reverse Split as an important step in TONIX’s corporate development.

Did TNXP reverse split?

( OTCQB : TNXP) (“TONIX” or “the Company”), a specialty pharmaceutical company developing novel treatments for challenging disorders of the central nervous system, including fibromyalgia (“FM”) and post-traumatic stress disorder (“PTSD”), announced that on May 1, 2013 (the “Effective Date”), it effected a one (1) for

What is the forecast for TNXP stock?

Tonix Pharmaceuticals Holding Corp (NASDAQ:TNXP) The 1 analysts offering 12-month price forecasts for Tonix Pharmaceuticals Holding Corp have a median target of 3.00, with a high estimate of 3.00 and a low estimate of 3.00. The median estimate represents a +1,396.26% increase from the last price of 0.20.

Is Tonix a good stock?

Tonix Pharmaceuticals has received a consensus rating of Buy. The company’s average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Will TNXP reverse split?

(Nasdaq: TNXP) (Tonix or the Company), a clinical-stage biopharmaceutical company, announced today that it will effect a 1-for-10 reverse stock split of its outstanding common stock. This will be effective for trading purposes as of the commencement of trading on November 1, 2019.

Is TNXP shorted?

Short Shares Availability This table shows the number of shares of US:TNXP available to be shorted at a leading prime brokerage. It is not the total number of shares available to short, nor is it the short interest.

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