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Medicinova Inc. (NASDAQ: MNOV) Highlighted for Surprising Price Action

MediciNova, Inc. (NASDAQ: MNOV) has caught the attention of the investment community today with its bullish price action. The company’s shares are currently up 2.38% on the day to $2.15.

MediciNova, Inc., a biopharmaceutical company, focuses on developing novel and small molecule therapeutics for the treatment of serious diseases with unmet medical needs in the United States. The company is developing MN-166 (ibudilast), an oral anti-inflammatory and neuroprotective agent for treating neurological disorders, such as primary and secondary progressive multiple sclerosis, amyotrophic lateral sclerosis, chemotherapy-induced peripheral neuropathy, and degenerative cervical myelopathy.

So far today, approximately 6,842 shares of MediciNova, Inc. have been exchanged, as compared to an average 30-day volume of 14,818 shares.

MediciNova, Inc. share prices have moved between a 52-week high of $3.18 and a 52-week low of $1.95. The stock has moved -6.25% over the past week.

To learn more about MediciNova, Inc., visit the company’s website at https://www.medicinova.com.

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