MannKind Corporation (MNKD) Stock: Why The Price Jumped Up Today

By Amit Chowdhry ● Mar 2, 2022
  • The MannKind Corporation (NASDAQ: MNKD) stock increased by over 16% during intraday trading today. This is why.

The MannKind Corporation (NASDAQ: MNKD) stock increased by over 16% during intraday trading today. Investors are responding positively to what was revealed in regulatory filings.

The filings showed that a number of executives bought a large number of shares. These were the transactions:

— Director Anthony Hooper acquired 40,000 shares for $2.71.

— Director Christine Mundkur acquired 27,675 shares for $2.71

— Chief Commercial Officer Alejandro Galindo acquired 36,900 shares for $2.71

— CEO Michael Castagna acquired 27,675 shares for $2.71

— Director Jennifer Grancio acquired 110,701 shares for $2.71

— Chief People & Workplace Officer Stuart Tross acquired 9,225 shares for $2.71

Disclaimer: This content is intended for informational purposes. Before making any investment, you should do your own analysis.