Believe It or Not, MannKind Is Now One of the Hottest Biotech Stocks on the Market

Believe It or Not, MannKind Is Now One of the Hottest Biotech Stocks on the Market

How things can change quickly in the biotech world.

By early May, MannKind Corporation (NASDAQ: MNKD) stock was down a whopping 73% year to date. Since then, the biotech's share price has soared more than 140%. In just the past month, MannKind stock jumped around 40%. 

Believe it or not, MannKind is now one of the hottest biotech stocks on the market. But why is that the case? And can MannKind's sizzling momentum continue?

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Source: Fool.com