It's the insulin, stupid!

[mcbone]

I was wondering why MNKD pps dropped today while the market rebounded. I suppose that when the politicians attack a particular drug, in this case insulin, that might explain it:

www.statnews.com/2020/01/28/insulin-pricing-becomes-top-issue-for-democrats/ 




 

[ktim]

Jan 28, 2020 20:40:48 GMT -5 mcbone said:

I was wondering why MNKD pps dropped today while the market rebounded. I suppose that when the politicians attack a particular drug, in this case insulin, that might explain it:

www.statnews.com/2020/01/28/insulin-pricing-becomes-top-issue-for-democrats/ 




 

Though Novo and Lily both up today, so I don't think that was the driver.  I think just typical short term volatility from an overbought point.