Scilex Holding Company Common Stock (SCLX)
Scilex Holding Company (SCLX) is a specialty pharmaceutical company focused on developing and commercializing innovative pain management and other healthcare products. It aims to deliver targeted medical treatments through research, development, and strategic partnerships in the healthcare sector.
Company News
Datavault AI Inc is an emerging technology company combining blockchain and AI, with recent funding deals from Scilex and IBM. The company aims to help businesses monetize data, but faces significant market volatility and short-selling risks.
Datavault AI has converted $13.3 million in long-term notes and recently secured a $150 million strategic equity investment in Bitcoin from Scilex, strengthening its financial position and supporting its data exchange and supercomputing initiatives.
Two penny stocks, Datavault AI and New Era Energy & Digital, are experiencing significant momentum in AI and digital infrastructure sectors, with substantial stock price increases and promising technological positioning.
Penny stocks to watch this week. The post Penny Stocks To Buy This Week? Analysts Like These 3 appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.
An analyst at H.C. Wainwright initiated coverage on the stock.