#Endo international stock reddit full#
#Endo international stock reddit code#

Tires: Odyssey Mike Aitken Seat Railed (lots of miles) He’s even switched to running front brakes only on the Morning 24.1 forks with brake mounts. He borrows from Aaron Ross‘ soda orange color, mixes in some white spokes and finishes it off with Black Magic. Janu06:00 pm EST Written by Zacks Equity Research for Zacks -> Endo International (ENDP) closed the most recent trading day at 3.27, moving -1.8 from the previous trading.

#Endo international stock reddit full#

The opinions expressed in this article are those of the writer, subject to the Publishing Guidelines.Logan Beyhl handles the phones at our distributor Full Factory and just so happens to have built up this super sweet Wave C bike. On the date of publication, Bret Kenwell did not have (either directly or indirectly) any positions in the securities mentioned in this article. In short, this company is a mess right now and doesn’t have the financial flexibility it desperately needs. A few days later, reports surfaced that the company was weighing filing for bankruptcy as it worked on a settlement for the opioid cases. Then, shares cratered over the next two days after Endo missed an interest payment. The company’s Par Pharmaceutical unit markets birth control pills, for what it’s worth. Trading volume hit 470 million in that single session alone, as investors speculated about the positive benefit to Endo. Wade, and traders flooded into Endo International shares. That move came after the Supreme Court overturned Roe v. On June 28, shares erupted 114% at one point and closed higher by 85%. These conversations will most likely end with a Chapter 11 filing.įor its part, ENDP stock has been all over the map for the past few months. While Endo denies these allegations, bankruptcy conversations are in full effect between the company and senior lenders. The company allegedly helped fuel the opioid crisis and is now facing thousands of lawsuits as a result.

#Endo international stock reddit code#

Bankruptcy Code by Endo International plc and substantially all of its subsidiaries, which could occur imminently.” “In light of the progress to date, the Company expects that these negotiations will likely result in a pre-arranged filing under Chapter 11 of the U.S. The stock closed at 1.16 on Tuesday then opened at 1.13 on Wednesday. However, revenue still sank about 20% year-over-year, while Endo ended the quarter with $1.2 billion in unrestricted cash and $8.1 billion of debt. Endo International (NASDAQ: ENDP) stock is taking a beating on Wednesday after the company filed for bankruptcy protection. Endo International ( ENDP -40.00), a specialty pharmaceutical company, saw its shares fall 69 on Wednesday.

A loss of 3 cents per share beat expectations by 11 cents, while revenue of about $569 million blew past estimates by $44.5 million. On the surface, Endo International seems to have reported a solid second-quarter.

While Endos management, operations, and customers are almost exclusively U.S.based, in 2013 Endo executed a corporate tax inversion to Ireland to avoid U.S. More specifically, management’s warning that a bankruptcy filing could be imminent is spooking investors. Endo International plc is an American Irish-domiciled generics and specialty branded pharmaceutical company that generated over 93 of its 2017 sales from the U.S. What’s triggering the recent selling pressure? Technically, it was the company’s earnings report. That won’t happen unless ENDP stock falls even further from Tuesday’s current low of 36 cents. Surprisingly, though, shares are not making new 2022 lows. Shares of ENDP stock are down more than 40% today and almost 60% from last week’s high. It hasn’t been a good run for Endo International (NASDAQ: ENDP), and Tuesday isn’t making it any better.