Market Overview

Can MannKind Get Over A $1?

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MannKind Corporation (NASDAQ: MNKD) shares are trading higher by $0.1572 at $0.92 in Tuesday's session. Rumors of a possible sale have the issue inching towards the psychological $1 barrier.

Since it gapped down from the $1.50 level on January 5, the issue continued to make a new all-time low at $0.6426 the following day. Since reaching that depressed level, all rebounds have been capped at $1 or lower.

In today's session, the issue peaked at $0.9899, which coincides with its January 13 high ($0.9899).

Posted-In: Technicals Intraday Update Movers Trading Ideas

 

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