Why Mallinckrodt (MNK) Is Plummeting 19% In Pre-Hours Session Today?

Mallinckrodt plc (NYSE: MNK) plummeted -19.18% in premarket trading, reaching $1.98. The stock ended Friday with a -5.41% loss, closing at $2.45. MNK’s decision to pursue bankruptcy led to this decline. What Factors Contributed To Their Decision? Mallinckrodt (MNK) faces a new challenge as some of its lenders suggest another bankruptcy filing. This proposal arises […]