From Yahoo Finance: 2025-04-12 09:51:00

D. Boral Capital analyst downgraded Scilex (SCLX) to Hold from Buy after announcing a 1-for-35 reverse stock split. The firm sees this as necessary for Nasdaq listing but awaits more clarity on next steps. They will revisit stance post-split for valuation and capital structure implications.

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Read more: Scilex downgraded to Hold from Buy at D. Boral Capital