Skye Bioscience Stock Price Plummets as Target Gets Slashed to $21
Skye Bioscience Stock Price Plummets
In a surprising turn of events, Skye Bioscience has witnessed a sharp decline in its stock price target, dropping from $25 to $21. This substantial cut has sent shockwaves through the market and raised concerns among investors. The revised target underscores the challenges and uncertainties facing the company's future prospects.
Market Sentiment and Investor Confidence Affected
The downgrade in Skye Bioscience's stock price target has significantly impacted market sentiment, leading to a decline in investor confidence. The unexpected nature of this development has prompted a reevaluation of the company's performance and strategic position in the market.
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