mannkind stock guide
MannKind Corporation (MNKD) — Stock
MannKind stock refers to the publicly traded common equity of MannKind Corporation (ticker: MNKD). MannKind is a Nasdaq-listed biopharmaceutical company focused on inhaled therapeutics and pulmonary delivery technologies, best known for its inhaled insulin product Afrezza and an inhalation platform intended to address respiratory and systemic conditions. This article provides a full investor-oriented overview of MannKind stock, including company background, listing details, historical performance and notable events, trading statistics, financials, partnerships, risks, governance, and where to find official disclosures — plus practical notes on researching and trading MNKD (including using Bitget for market access and Bitget Wallet for complementary web3 needs).
If you want a concise takeaway: read the Company overview and Trading statistics sections first; for investment research read Financial results, Corporate actions and Regulatory developments; for trading mechanics and market data see Trading statistics and Analyst coverage. This article is neutral and factual — not investment advice.
Company overview
MannKind Corporation develops and commercializes inhaled therapeutics using engineered pulmonary delivery technologies. The company's most widely known marketed product is Afrezza, an inhaled insulin formulation for adults with diabetes designed to provide rapid-acting glycemic control. MannKind’s technology platform focuses on dry-powder inhalation formulations and devices intended for systemic and pulmonary delivery.
Headquartered in Westlake Village, California, MannKind operates as a clinical-stage biopharmaceutical company with a commercial product (Afrezza) and additional pipeline candidates or programs that leverage the company’s inhalation and formulation expertise. Over the years the company has explored partnerships and licensing arrangements to extend commercialization or co-develop inhaled therapies in pulmonary arterial hypertension (PAH), diabetes, and other respiratory indications.
MannKind stock is commonly followed by biotech investors and traders because its market capitalization, clinical/regulatory catalysts, and capital-raising events can create pronounced price volatility. The company’s commercial success for Afrezza, ongoing clinical work, and any strategic financings are key determinants of equity performance.
Stock identifiers and listing details
- Ticker symbol: MNKD (common stock)
- Exchange: Nasdaq
- Trading currency: U.S. Dollar (USD)
- Primary listing: Nasdaq (company chosen Nasdaq as its exchange of record for public trading under the MNKD ticker)
- Trading hours (regular): U.S. equity market hours (09:30–16:00 ET); extended-hours trading available on many brokerage platforms.
Typical market-data fields available for MannKind stock include market capitalization, shares outstanding, public float, average daily volume, 52-week high/low, beta, short interest, and common valuation ratios reported by market data vendors. Investors should confirm the latest figures on primary sources (Nasdaq, SEC filings, company investor relations) before acting.
Historical stock price performance
MannKind stock has exhibited multi-year volatility typical of small-cap biopharmaceutical issuers that combine a commercial product with clinical-stage programs. Over trading history, MNKD has experienced wide intraday ranges, spikes around regulatory or clinical news, and declines associated with financing and dilution announcements.
Long-term trends for MannKind stock show periods of sharp appreciation tied to positive clinical or regulatory updates and steeper drawdowns during capital raises or disappointing commercial metrics. The equity often trades at valuations that reflect both the commercial prospects of Afrezza and the speculative value of the pipeline.
Notable historical price events
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Afrezza FDA approval (2014): The approval of Afrezza by the U.S. Food and Drug Administration was a material milestone for the company and produced meaningful market attention and volatility in MNKD shares.
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Financing announcements and equity offerings: On several occasions MannKind has announced strategic financings or equity transactions to support development and commercialization. Equity financing news typically introduced dilution concerns that correlated with downward pressure on MannKind stock.
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Clinical readouts and regulatory updates: Trial results, investigational program updates, and regulatory feedback have driven episodic intraday and multi-day moves in MNKD.
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Partnership or licensing deals: Announcements of collaborations or licensing agreements (including commercialization or development collaborations) have periodically produced positive sentiment and share-price gains.
(For exact dates, price levels, and the market reaction tied to each event, consult historical charts and contemporaneous press releases archived on the company’s investor relations page and market-data providers.)
Trading statistics and market data
MannKind stock’s trading profile is characterized by: average daily volume that can spike around news; periodic wide bid-ask spreads especially in after-hours; and a generally higher beta than large-cap equities, reflecting sensitivity to sector-specific and company-specific news.
Commonly reported metrics for MNKD include:
- Average daily trading volume (varies; consult market-data vendors for the latest 30/90-day averages).
- Intraday high/low and 52-week range: useful to understand recent volatility and support/resistance levels.
- Bid/ask spreads: can widen in low-liquidity periods, affecting execution costs for larger orders.
- Beta: often above 1.0, indicating higher volatility relative to the broader market.
- Short interest: can be material at times for small-cap biotech stocks and may amplify price moves.
- Valuation ratios: traditional metrics such as price/earnings (P/E) may be inapplicable or negative for companies with limited profits; investors commonly look at price/sales (P/S), enterprise value to revenue, and pipeline-adjusted valuation approaches.
When trading MannKind stock, active traders often monitor level-2 book activity, time & sales, and option-implied volatilities (where available). Longer-term investors prioritize fundamentals, regulatory timelines, and cash runway.
Financial results and key metrics
MannKind, as a publicly reporting company, publishes quarterly and annual financial statements that disclose revenue (including Afrezza sales), cost of goods sold, operating expenses (R&D and SG&A), net loss or income, cash and short-term investments, debt or convertible instruments, and other material items.
Key metrics investors track in MannKind stock financials include:
- Net product revenue from Afrezza and any royalties or collaboration revenues.
- Research and development (R&D) spending tied to pipeline programs.
- Selling, general and administrative (SG&A) expenses affecting commercial scale-up.
- Cash, cash equivalents, and short-term investments — critical to assess the company’s runway and need for financing.
- Shares outstanding and potential dilution from convertible securities or equity raises.
MannKind files Form 10-Q (quarterly) and Form 10-K (annual) reports with the SEC; these filings provide audited numbers, management discussion & analysis (MD&A), and risk disclosures.
Recent financial performance (example)
As with any ongoing issuer, MannKind’s most recent quarters can show fluctuations in Afrezza revenue, changes in operating expenses as pipeline activities ramp, and financing-related items that influence net income. For the latest quantified figures, consult the company’s most recent Form 10-Q or Form 10-K and the investor relations press releases.
As of the latest available company filings and market-data snapshots, investors should pay attention to reported cash balances and any announced financing arrangements, since smaller biopharma companies routinely access capital markets which can cause dilution and affect MannKind stock.
Corporate actions and material transactions
MannKind has periodically announced corporate actions such as equity offerings, debt financings, strategic financings, licensing agreements, and co-development or commercialization deals. These transactions are material because they can change the company’s capital structure, funding runway, and future revenue prospects.
Examples of corporate actions that affect MannKind stock include:
- Equity financings and shelf registrations that increase liquidity but may dilute existing shareholders.
- Strategic financing arrangements or investments from partners that provide non-dilutive or less-dilutive capital.
- Licensing or commercialization deals that assign regional or product-specific rights to third parties; such deals can include upfront payments, milestones, and royalties.
- Asset sales or acquisitions that reshape the company’s pipeline or technology base.
Each corporate action is documented in SEC filings (8-Ks, prospectus supplements) and company press releases; investors should review those primary documents to understand the terms and potential shareholder impact.
Partnerships, collaborations and product commercialization
Partnerships play an important role in MannKind’s commercial strategy because collaborations can extend the reach of Afrezza, accelerate development of inhaled therapies, or support commercialization for additional indications.
Common elements in MannKind’s partnership activity include:
- Development or commercialization collaborations granting rights to third parties, sometimes with milestone and royalty structures.
- Distribution or co-promotion agreements to broaden market access for Afrezza or other products.
- Licensing of inhalation technology to partners for indication-specific development.
When partners are announced, market reaction to MannKind stock often reflects perceived value of upfront payments, milestone potential, and the partner’s commercial reach. For specific partner names, deal economics, and dates, consult the company’s press releases and SEC filings.
Ownership and insider activity
Investor ownership in MannKind stock typically includes a mix of institutional holders, retail investors, company insiders (executives and directors), and specialist investment vehicles. In smaller-cap biopharma companies, a relatively small number of institutional holders or strategic investors can own meaningful percentages of shares outstanding.
Key considerations for ownership analysis:
- Institutional holdings: filings from 13F and other public disclosures reveal major institutional holders and their reported stakes (subject to reporting lags).
- Insider ownership and transactions: company insiders’ purchases or sales are reported on Forms 3, 4, and 5 and can signal management sentiment, though trades may be for personal or diversification reasons.
- Ownership concentration: high concentration in a few large holders can affect liquidity and the dynamics of large block trades.
Investors can review SEC filings and market-data providers for recent changes in institutional and insider positions that may influence MannKind stock.
Analyst coverage and market sentiment
Sell-side analysts covering biotechnology or specialty pharmaceutical names may issue research notes on MannKind stock from time to time. Analyst coverage can include ratings (buy/hold/sell), price targets, and model updates driven by Afrezza revenue trends, clinical updates, or financing events.
Retail and social sentiment (for example, investor chat boards or social platforms) can also influence short-term trading patterns in MNKD due to concentrated retail interest and viral news cycles. Platforms that aggregate social sentiment or message-board volume sometimes show heightened activity around biopharma catalysts.
When reviewing analyst coverage and sentiment, investors should:
- Confirm the date and basis of any analyst note.
- Avoid conflating short-term social-media hype with long-term fundamentals.
- Cross-check analyst assumptions against published SEC filings and company disclosures.
Regulatory and clinical developments affecting the stock
Regulatory actions (FDA approvals, CRLs, advisory committee outcomes) and clinical trial results are primary drivers of MannKind stock moves because they directly affect commercialization prospects and valuation expectations.
Examples of regulatory/clinical catalysts:
- Approval or labeling changes for Afrezza or other product candidates.
- Clinical trial primary endpoint readouts and safety updates.
- Preclinical to clinical transitions for inhaled candidates.
- Post-marketing safety signals or regulatory guidance that affect product uptake.
As an example of a well-established regulatory milestone, Afrezza received FDA approval for inhaled insulin in 2014 — an event that materially changed the company’s commercial profile. Subsequent regulatory communications and clinical trial results have continued to influence investor perceptions and MannKind stock.
Risks and controversies
Investing in MannKind stock entails specific risks common to small-cap biopharmaceutical companies, including:
- Clinical and regulatory risk: pipeline programs may fail to meet endpoints or face regulatory setbacks.
- Commercial adoption risk: Afrezza’s market uptake depends on physician prescribing patterns, payer coverage, patient acceptance, and competition from other insulin formulations and delivery methods.
- Financial risk and dilution: limited cash resources can prompt equity or convertible financings that dilute existing shareholders and move MannKind stock.
- Competitive risk: competing products in diabetes management and inhaled drug delivery platforms can influence market share and pricing power.
- Volatility and liquidity: MNKD can be highly volatile with periods of low liquidity and wide spreads.
Additionally, controversies or litigation (if any) are material and disclosed in SEC filings and company press releases. Investors should review the Risk Factors section of the Form 10-K and subsequent quarterly updates for the most current disclosures.
Valuation and investor considerations
Traditional valuation metrics may be of limited use for MannKind stock if the company reports losses or inconsistent revenue. Investors often consider:
- Price-to-sales (P/S) ratios relative to small-cap peers with commercial products.
- Enterprise value to revenue or EV/EBITDA where applicable.
- Pipeline-adjusted discounted cash flow (DCF) models that incorporate probability-weighted outcomes for clinical programs.
- Comparables analysis with companies in inhalation technology, diabetes care (insulin delivery), and pulmonary therapeutics.
Investor types typically approaching MannKind stock:
- Long-term biotech investors: interested in pipeline potential, Afrezza commercial trajectory, partnerships, and the inhalation platform’s long-term opportunity.
- Event-driven traders: focus on runway to catalysts (trial readouts, regulatory milestones, financing announcements), short interest, and potential volatility.
All investors should avoid treating this article as investment advice and instead use it as a factual starting point for further due diligence.
Corporate governance and management
MannKind’s corporate governance includes a board of directors and executive leadership team responsible for strategic, operational, and financial decisions. For investors, points of interest include:
- Background and experience of the CEO and senior management in commercialization, respiratory therapeutics, and corporate finance.
- Composition of the board: independence, relevant industry expertise, and committee structures (audit, compensation, nominating/governance).
- Recent management changes: CEO appointments, CFO transitions, or other executive moves can be material and are reported in SEC filings and press releases.
Detailed biographies and governance documents are available through the company’s investor relations site and proxy statements.
Public disclosures and investor resources
Investors should rely on primary sources for the most accurate and current information on MannKind stock. Key resources include:
- SEC EDGAR filings (Form 10-K, Form 10-Q, Form 8-K, Forms 3/4/5 for insider transactions).
- MannKind investor relations site for press releases, presentations, and webcasts of earnings calls.
- Nasdaq company profile for listing details and market data snapshots.
As of the latest publicly available filings and market-data summaries, press releases and 8-Ks provide the immediate factual record of corporate actions and material events. Reviewing the MD&A and Risk Factors in the Form 10-K gives a comprehensive picture of operational priorities and known risks.
See also
- United Therapeutics (example of a company in pulmonary therapeutics and potential partner/comparable)
- Afrezza (product topic)
- Respiratory therapeutics and inhalation drug delivery companies
- Relevant tickers and peers in diabetes and pulmonary drug delivery
References and data sources
This article synthesizes company disclosures and market-data reports. For verification and the most recent numbers, consult the following primary sources and market-data providers.
- Nasdaq company profile and market-data snapshots — As of June 30, 2024, according to Nasdaq the company is listed under MNKD and Nasdaq provides up-to-date trading statistics and quotes.
- Yahoo Finance company page — As of May 15, 2024, Yahoo Finance reported market and historical price data used for performance context.
- Bloomberg market coverage and reporting summaries — As of April 10, 2024, Bloomberg reported on corporate developments and market reactions for MNKD.
- MarketWatch coverage and summaries — As of March 5, 2024, MarketWatch offered context on recent trading ranges and news-driven moves.
- Macrotrends historical charts and long-term price data — As of January 2, 2024, Macrotrends archives were referenced for multi-year trend context.
- StockTwits social sentiment and message volumes — As of February 20, 2024, StockTwits activity indicated retail engagement around MannKind stock.
- Company press releases and SEC filings (EDGAR) — primary source for corporate actions, financial statements and regulatory filings.
Note: specific numeric metrics such as market capitalization, average daily volume, shares outstanding and short interest change frequently. For the latest quantifiable figures, consult the live quotes and the company’s most recent SEC filings.
Practical guidance for researching and trading MannKind stock
Where to get live quotes and place trades: MannKind stock trades on Nasdaq under MNKD in USD. Investors can view quotes and charts via market-data platforms; if you intend to trade, consider a brokerage that supports Nasdaq-listed equities. For users who prefer an integrated trading experience, Bitget provides access to U.S.-listed equities where available, market data tools, and order execution services. Bitget Wallet is recommended for complementary web3 functions if you are integrating cryptocurrency or tokenized exposure as part of broader portfolio activity.
Due diligence checklist:
- Read the most recent Form 10-Q and Form 8-K for material events.
- Review Afrezza sales trends in the MD&A and investor presentations.
- Confirm cash runway and any announced financing terms.
- Track upcoming clinical or regulatory milestones and expected timelines.
- Monitor share structure, outstanding warrants/convertibles and public float to understand dilution risk.
Execution tips for traders: Use limit orders in low-liquidity situations; monitor bid/ask spreads; consider trade size relative to average daily volume to minimize market impact.
Important legal and compliance notes
This article is informational and not investment advice or a recommendation. All investors should perform their own due diligence and consult licensed professionals. Official company disclosures filed with the U.S. Securities and Exchange Commission and company press releases are the authoritative sources for material information about MannKind Corporation and MannKind stock.
Further exploration and next steps
If you want to monitor MannKind stock in real time, start by adding MNKD to your watchlist on a trusted market-data platform or trading app. For a streamlined trading experience and market tools, consider exploring Bitget’s equity trading features and Bitget Wallet for managing related web3 holdings. Review the company’s latest SEC filings and earnings materials before making any decisions. To continue learning, explore Afrezza product literature, the company’s investor presentations, and peer company filings for comparative context.
Stay up to date: check the MannKind investor relations page and SEC filings regularly, and follow major financial news outlets for coverage of material events that could affect MannKind stock.




















