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Stock impact report

Soleno Profitability Milestone And CFO Shift Raise Valuation Questions [Yahoo! Finance]

Soleno Therapeutics, Inc. (SLNO) 
Last soleno therapeutics, inc. earnings: 5/13 08:00 am Check Earnings Report
US:NASDAQ Investor Relations: investors.soleno.life/investor-overview
Company Research Source: Yahoo! Finance
Make better investment decisions with Simply Wall St's easy, visual tools that give you a competitive edge. Soleno Therapeutics (NasdaqCM:SLNO) reports achieving full year profitability within nine months of launching its lead rare disease product, VYKAT XR. The company announces an executive transition, with longtime CFO James Mackaness retiring and Jennifer Fulk appointed as the new Chief Financial Officer. Fulk joins Soleno from a multinational pharmaceutical background as the company pursues EU regulatory approvals and advances its pipeline. For investors watching rare disease biotech, Soleno's move to full year profitability so soon after launching VYKAT XR stands out. The stock trades at $39.07, with a very large 3 year return, while the 1 year return shows a 20.0% decline. That mix of long term gains and more recent pullback frames today's news against a backdrop of both past strength and recent volatility. The CFO transition comes as Soleno targets EU regulatory pro Show less Read more
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