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-0.00775193798449613 -0.00775193798449613 -0.00775193798449613 -0.00775193798449613 -0.00775193798449613 -0.00108527131782951 -0.00426356589147292 0.0136434108527132
Stock impact report

MediciNova (NASDAQ:MNOV) investors are sitting on a loss of 89% if they invested five years ago [Yahoo! Finance]

MediciNova, Inc. (MNOV) 
Last medicinova, inc. earnings: 4/23 04:20 pm Check Earnings Report
Company Research Source: Yahoo! Finance
NASDAQ:MNOV ) for half a decade as the share price tanked 89%. We also note that the stock has performed poorly over the last year, with the share price down 38%. Even worse, it's down 11% in about a month, which isn't fun at all. We really hope anyone holding through that price crash has a diversified portfolio. Even when you lose money, you don't have to lose the lesson. Now let's have a look at the company's fundamentals, and see if the long term shareholder return has matched the performance of the underlying business. Check out our latest analysis for MediciNova MediciNova recorded just US$1,000,000 in revenue over the last twelve months, which isn't really enough for us to consider it to have a proven product. You have to wonder why venture capitalists aren't funding it. So it seems shareholders are too busy dreaming about the progress to come than dwelling on the current (lack of) revenue. It seems likely some shareholders believe that MediciNova has the funding to invent Show less Read more
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