![]() ![]() However, the number of opioid lawsuits that may need to be settled are still an anchor weighing this stock down. For investors in ENDP stock, that’s great. Any drugmaker tied to contraceptives has a bullish catalyst right now. On the one hand, there are some positive near- to medium-term growth drivers for the company. There’s certainly a lot going on with Endo right now. Let’s dive into what investors may want to make of this rather volatile price action with Endo.ĮNDP Stock: Endo’s Significant Legal Troubles This complicates matters greatly for investors considering the stock right now. That’s right, Endo isn’t only a contraceptives play, the company also makes opioids. However, a range of lawsuits stemming from the opioid epidemic could hit the company’s balance sheet hard. These debt obligations are set to mature through 2027, a relatively long span of time, given the company’s liquidity position. That’s partly because despite having liquid assets of $1.4 billion, Endo also has around $660 million in debt. Accordingly, many investors appear to be concerned that there’s more beneath the surface to be worried about. ![]() While the company reportedly has $1.4 billion in liquidity, this sort of relatively small amount of interest would be expected to be paid in due course. Today, reports have surfaced that Endo has missed a $38 million interest payment on its debt. Today, ENDP stock is down approximately 20% at the time of writing on a an entirely different catalyst. ![]() Jackson ruling from the Supreme Court, gave this stock a big catalyst. Just yesterday, we reported that the drugmaker surged 90%, as the company’s links to contraceptives, following the Dobbs v. It’s been a rather incredible week for Endo International (NASDAQ: ENDP). Sources: CoinDesk (Bitcoin), Kraken (all other cryptocurrencies)Ĭalendars and Economy: 'Actual' numbers are added to the table after economic reports are released.InvestorPlace - Stock Market News, Stock Advice & Trading Tips ![]() Lipper shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.Ĭryptocurrencies: Cryptocurrency quotes are updated in real-time. Any copying, republication or redistribution of Lipper content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Lipper. Mutual Funds & ETFs: All of the mutual fund and ETF information contained in this display, with the exception of the current price and price history, was supplied by Lipper, A Refinitiv Company, subject to the following: Copyright 2019© Refinitiv. Data may be intentionally delayed pursuant to supplier requirements. FactSet (a) does not make any express or implied warranties of any kind regarding the data, including, without limitation, any warranty of merchantability or fitness for a particular purpose or use and (b) shall not be liable for any errors, incompleteness, interruption or delay, action taken in reliance on any data, or for any damages resulting therefrom. Source: FactSetĭata are provided 'as is' for informational purposes only and are not intended for trading purposes. Change value during other periods is calculated as the difference between the last trade and the most recent settle. Change value during the period between open outcry settle and the commencement of the next day's trading is calculated as the difference between the last trade and the prior day's settle. Sources: FactSet, Tullett PrebonĬommodities & Futures: Futures prices are delayed at least 10 minutes as per exchange requirements. Sources: FactSet, Tullett PrebonĬurrencies: Currency quotes are updated in real-time. Sources: FactSet, Dow Jonesīonds: Bond quotes are updated in real-time. Sources: FactSet, Dow JonesĮTF Movers: Includes ETFs & ETNs with volume of at least 50,000. Stock Movers: Gainers, decliners and most actives market activity tables are a combination of NYSE, Nasdaq, NYSE American and NYSE Arca listings. Overview page represent trading in all U.S. Indexes: Index quotes may be real-time or delayed as per exchange requirements refer to time stamps for information on any delays. Copyright 2019© FactSet Research Systems Inc. Fundamental company data and analyst estimates provided by FactSet. International stock quotes are delayed as per exchange requirements. stock quotes reflect trades reported through Nasdaq only comprehensive quotes and volume reflect trading in all markets and are delayed at least 15 minutes. ![]()
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