Market Overview

Endo Higher After Q3 Beat

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Endo International plc - Ordinary Shares (NASDAQ: ENDP) shares are trading higher by 54 cents (8.8 percent) at $6.63 in Friday's session.

The catalyst for the rally is a Q3 EPS beat of 24 cents along with a sales beat of $2.88 million.

After a higher open, Endo had a brief retreat but found support just below Thursday's close ($6.09), reaching $6.03 before continuing its move higher. The ensuing rally took the stock to $7.00, but has backed off that high. That marks the first it has traded in the $7.00 handle since October 26, when it peaked at $7.30.

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