Adamis Pharmaceuticals shares are trading lower possibly on profit taking after the stock rallied roughly 180% yesterday.
Portfolio Pulse from Benzinga Newsdesk
Adamis Pharmaceuticals shares are trading lower, potentially due to profit taking after the stock rallied by approximately 180% the previous day.
August 04, 2023 | 10:42 am
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Adamis Pharmaceuticals' stock is trading lower, potentially due to investors taking profits after a significant rally.
The stock of Adamis Pharmaceuticals rallied by approximately 180% the previous day. This significant increase may have prompted investors to sell their shares to realize their gains, leading to a decrease in the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100