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SONN

Sonnet BioTherapeutics Holdings, Inc. · NASDAQ · Healthcare

Price$1.26-59.35% · −$1.84

Market cap8.43MEquity value

P / E-0.2Trailing ratio

Volume10.43MLatest session

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SONNJul 14, 2025-6.25% since signal

Why Is Sonnet BioTherapeutics Stock Trading Higher On Monday?

SONN stock surged 151% amid high trading volume. Transformation with Rorschach I creates Hyperliquid Strategies Inc. Hyperliquid will hold 12.6 million HYPE tokens valued at $583 million. SONN continues R&D for its drug SON-1010 and raises $5.5 million. Shareholders gain CVRs tied to Sonnet's legacy biotech assets.

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