11 Best US Stocks to Invest in Under $5

Page 5 of 10

6. MannKind Corporation (NASDAQ:MNKD)

Share Price: $3.77

Number of Hedge Fund Holders: 29

MannKind Corporation (NASDAQ:MNKD) is one of the 11 best US stocks to invest in under $5. MannKind Corporation (NASDAQ:MNKD) reported that it will present its inhaled insulin product at the American Diabetes Association’s 85th Scientific Sessions, which is taking place from June 20 to June 23 in Chicago.

During a “Future Ready” symposium, Dr. Michael J. Haller, Professor and Chief of Pediatric Endocrinology at the University of Florida, will share results from the randomized period of the INHALE-1 clinical trial. Dr. Haller also serves as the Chair for MannKind Corporation’s (NASDAQ:MNKD) Phase 3 INHALE-1 study of Afrezza, an inhaled insulin powder, in children and adolescents between 4 and 17 years old.

MannKind Corporation (NASDAQ:MNKD) aims to release the topline results from the full pediatric study with safety extension in the second quarter of 2025. The company also expects to submit a Supplemental Biologics License Application in mid-2025 for a possible pediatric indication for Afrezza.

MannKind Corporation (NASDAQ:MNKD) is a biopharmaceutical company focused on developing and commercializing innovative inhaled therapeutic products and devices for those living with endocrine and orphan lung diseases.

Page 5 of 10