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Barchart
Barchart
Aditya Raghunath

Up 163% YTD, Is It Too Late to Buy MindMed Stock?

MindMed Mind Medicine MNMD

Valued at $645 million by market cap, Mind Medicine (MNMD), also known as MindMed, is a clinical-stage biopharma company developing novel product candidates to treat brain health disorders. Shares of the company went public in March 2020, and touched a record high 12 months later. Today, MindMed stock trades 88% below its all-time highs - but MNMD has more than doubled its market value in 2024, up 163.9% on a year-to-date basis.

Let’s see if you should hold Mind Medicine stock in your equity portfolio right now. 

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