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0 0.0056497175141243 -0.0056497175141243 0.0112994350282486 -0.0056497175141243 0.0225988700564972 0.0225988700564972 0.0169491525423729
Stock impact report

The past five years for MediciNova (NASDAQ:MNOV) investors has not been profitable [Yahoo! Finance]

MediciNova, Inc. (MNOV) 
Last medicinova, inc. earnings: 4/23 04:20 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Imagine if you held MediciNova, Inc. NASDAQ:MNOV ) for half a decade as the share price tanked 82%. The falls have accelerated recently, with the share price down 25% in the last three months. We note that the company has reported results fairly recently; and the market is hardly delighted. You can check out the latest numbers in our company report . While a drop like that is definitely a body blow, money isn't as important as health and happiness. So let's have a look and see if the longer term performance of the company has been in line with the underlying business' progress. See our latest analysis for MediciNova We don't think MediciNova's revenue of US$1,000,000 is enough to establish significant demand. This state of affairs suggests that venture capitalists won't provide funds on attractive terms. So it seems that the investors focused more on what could be, than paying attention to the current revenues (or lack thereof). For example, they may be hoping that MediciNova co Show less Read more
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