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Stock impact report

Why MannKind Stock Started October With a Bang [The Motley Fool]

MannKind Corporation (MNKD) 
Last mannkind corporation earnings: 2/25 08:00 am Check Earnings Report
US:NASDAQ Investor Relations: investors.mannkindcorp.com/press-releases
Company Research Source: The Motley Fool
The biotech announced two positive developments on Monday -- but one has a catch. October has arguably been the worst month for investors over the last couple of decades. And Mondays are, well, Mondays. However,  MannKind ( NASDAQ:MNKD )  investors received good news on the first Monday in October.  The biotech announced two developments at the same time before the market opened on October 2. One was an update on an anticipated FDA label change for inhaled insulin Afrezza. The other related to exchanges of stock warrants. Here are the details behind MannKind's latest developments -- and why the stock price was all over the map. Image source: Getty Images. 1. Afrezza label change In MannKind's second-quarter conference call , CEO Michael Castagna ranked a label change for Afrezza as one of the top keys to success for the company. The company now has that highly anticipated label change in hand. MannKind announced on Monday that the FDA has approved three speci Show less Read more
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