Alert: Major Price Decline (12/20/23)-MannKind Corp (NASDAQ: MNKD).

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MannKind Corp (NASDAQ: MNKD) stock suffered a major decline of -14.7% on 12/20/23. The shares closed at $3.34. Moreover, exceptionally high trading volume at 345% of normal accompanied the decline. The stock has performed in line with the market over the last nine months and has declined -5.0% during the last week.

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Current PriceTarget Research Rating

With future capital returns forecasted to be below the cost of capital, MNKD is expected to be a major Value Eraser.

MannKind is currently unrated.

Rating Review

The stock is currently unrated.

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