Scilex Holding Soars 10.84% on Dividend Record Date Change

Scilex Holding's stock surged by 10.84% in pre-market trading on April 24, 2025, reflecting a significant bullish sentiment among investors.

Scilex Holding Company has recently announced a change in the record date for its preferred stock dividend, moving it from April 11, 2025, to May 2, 2025. This adjustment is likely to have influenced investor sentiment, contributing to the stock's recent surge.

Analysts have provided a strong buy rating for Scilex Holding, with an average 12-month stock price forecast of $396.67. This optimistic outlook, coupled with the company's strategic moves, has likely bolstered investor confidence in the stock's potential for growth.