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Why is Mannkind Corp (MNKD) Stock down?

We've noticed a 5.42% decline in Mannkind Corp (MNKD) stock during the 2024-12-17 trading session. While this could be attributed to normal volatility or various internal and external factors, please be aware that we are actively monitoring the situation, and we'll provide timely updates as soon as possible!
03 Jul, 2023:

MannKind shares fell 2.21% after fire at a German manufacturing facility that may delay the planned initiation later this year of a phase 2/3 clinical study of MNKD-101. Clinical supplies of the treatment will be delayed an estimated three to six months, according to the filing MannKind said on Monday.

https://www.marketwatch.com/story/mannkind-shares-fall-after-fire-that-may-delay-clinical-trial-6b90acce?mod=pharmaceutical

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