Why Molecular Data's Stock Is Trading Lower Today

Molecular Data MKD shares are trading lower after the company priced an offering of units at $0.38 per unit.

Molecular Data is currently down 22.3% to a price of $0.33. Wednesday the stock has been traded at a volume of 15.02 million, about 420.37% of its recent 30-day volume average of 3.57 million.

The 50-day moving average price of Molecular Data's stock was $0.59 when this article was published. The stock reached a high of $2.23 and a low of $0.37 in the past 52 weeks.

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