CONCORDIA INTERNATIONAL CORP. – SHAREHOLDER ATTENTION DEFICIT DISORDERGuest Post
CONCORDIA INTERNATIONAL CORP. (CXRX) – SHAREHOLDER ATTENTION DEFICIT DISORDER By Caleb Gibbons, CFA, FRM,– Originally at IBankCoin. Reposted with permission
Concordia International, regarded as the Canadian little sister of Valeant, was taken to the mat in Friday’s trade after a disaster of a Q2 2016 earnings report. Including after hours action, a full 40% was taken off the market cap of $CXRX ($510mm now). A $0.04 earnings miss (“adjusted” earnings of $1.38 vs. $1.42, < . . .
This content is exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here
If you are subscribed and having an account error please clear cache and then cookies if that does not work email email@example.com and we will get back to you as quick as humanly possible