MannKind (MNKD) Gains Again on Volume

October 21, 2016 9:52 AM EDT

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After surging 30% yesterday for no apparent reason, MannKind (NASDAQ: MNKD) is up another 8% early Friday. Volume is running 11x normal. Again the reason is unclear although the company recently received a NASDAQ delisting notice because its bid price was below $1. This could be an attempt to get the stock back above $1.

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