MannKind Corporation (NASDAQ: MNKD) is having a relatively strong start to the trading session this morning after the company announced that it will be releasing its earnings report relatively soon. Of course, this led to excitement among investors who are sending the stock upward. As is normally the case, our partners at Trade Ideas were the first to alert us to the gains. At the moment (9:00), MNKD is trading at $3.63 per share after a gain of $0.11 per share or 3.12% thus far today.
MNKD Edges Up On Coming Earnings
As mentioned above, MannKind Corporation is having a relatively strong start to the trading session this morning after the company announced that it would be releasing its financial results for the third quarter relatively soon. In a press release, offered early this morning, the company announced that it will be releasing its third quarter financial results on Tuesday, November 7th, and it will be hosting a conference call in order to discuss these results as well as other developments. MNKD will be holding the call at 5:00 PM Eastern Time on November 7th.
During the conference call, MNKD CEO, Michael Castagna, Chief Financial Officer, Steven Binder, and Chief Commercial Officer, Pat McCauley, will all be presenting data and opinions with regard to the third quarter and forward looking projections. If you’d like to participate in the conference call, you can do so by dialing (888) 771-4371 or (847) 585-4405. When dialing in, please use the participant passcode, 44096374. The call will also be streamed online at www.mannkindcorp.com.
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What We’ll Be Watching For Ahead
Moving forward, the CNA Finance team will continue to keep a close eye on MNKD. In particular, we’re interested in following the earnings call and excited to see the results. On top of earnings, we’re following Afrezza sales incredibly closely considering the recent label change, funding, and more. Nonetheless, we’ll continue to follow the story closely and bring the news to you as it breaks!
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