MannKind Corp (NASDAQ: MNKD) stock suffered a major decline of -12.5% on 3/11/24. The shares closed at $4.61. Moreover, this decline was accompanied by exceptionally high trading volume at 211% of normal. The stock has been weak relative to the market over the last nine months but has risen 2.4% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be below the cost of capital, MNKD is expected to continue to be a major Value Eraser.
MannKind is currently unrated.
Rating Review
The stock is currently unrated.
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