Mallinckrodt plc (symbol: MNK) was one of the biggest winners of the
trading day today (2016-08-02), gaining 14.16%. The number of shares that
changed hands was 7,012,620, or about 3.9 times the average daily volume in
the stock.
The closing price was $76.91, amounting to a market cap of $8,410,000,000,
about -36.98% off the highest price in the last 12 months. The stock has
been trading at a range between $50.9 and $122.04.
MNK is in the Major Pharmaceuticals industry, part of the Health Care
sector. It first went public in 2013.
Looking at its valuation, the stock is now trading at 19.3 times earnings.
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