Mind Medicine (MindMed) (OTCMKTS:MMEDF) Shares Down 1.5% – Time to Sell?

Mind Medicine (MindMed) Inc. (OTCMKTS:MMEDFGet Free Report)’s stock price dropped 1.5% on Wednesday . The stock traded as low as $6.23 and last traded at $6.40. Approximately 914,451 shares were traded during trading, a decline of 73% from the average daily volume of 3,376,665 shares. The stock had previously closed at $6.50.

Mind Medicine (MindMed) Price Performance

The firm has a 50 day moving average of $7.44 and a 200-day moving average of $6.94.

Mind Medicine (MindMed) Company Profile

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Mind Medicine (MindMed) Inc, a psychedelic medicine biotech company, discovers, develops, and deploys psychedelic inspired medicines and therapies to address addiction and mental illness. The company is assembling a compelling drug development pipeline of innovative treatments based on psychedelic substances, including Psilocybin, LSD, MDMA, DMT, and an Ibogaine derivative, 18-MC.

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