MannKind Corporation (MNKD) Catches Eye: Stock Jumps 7%

MNKD

MannKind Corporation (MNKD - Free Report) was a big mover last session, as the company saw its shares rise over 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company—as the stock is now up 72.7% in the past one-month time frame.

The company has seen one positive estimate revision in the past one month, while its Zacks Consensus Estimate for the current quarter has also risen over the same time period, suggesting that more solid trading could be ahead for MannKind. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.

MannKind currently has a Zacks Rank #2 (Buy), while its Earnings ESP is negative.

Another stock worth considering in the Medical - Biomedical and Genetics industry is VIVUS, Inc. which carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

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