MannKind (MNKD) Stock Craters After Sanofi Ends Licensing Deal - InvestingChannel

MannKind (MNKD) Stock Craters After Sanofi Ends Licensing Deal

MannKind Corp. (MNKD) shares nosedived more than 36% to $0.92 in early trade Tuesday, a record intraday low, after the company’s license agreement with French drugmaker Sanofi (SNY) was terminated. The company’s trading volume jumped on the news with the issue currently trading more than 20 million shares, compared to the average daily volume of […]

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