Wall Street Breakfast: Repros Therapeutics Inc (RPRX), Sears Holdings Corp (SHLD), Q2 Holdings Inc (QTWO)

Repros Therapeutics Inc (NASDAQ:RPRX) thinks that the path for the filing of New Drug Application (NDA) for Androxal is already cleared. The company met with the FDA to iron out certain issues regarding the filing of NDA for the testosterone-boosting drug. Particularly, the company stated that it didn’t think the regulator would be interested in further clinical studies of the drug before the submission of NDA.

The FDA had previously shown indications that it would be interested in additional studies regarding the safety of Androxal. However, after what Repros Therapeutics Inc (NASDAQ:RPRX) said to be a constructive meeting with the regulator, the company emerged with an upbeat tone regarding Androxal. It even said that it didn’t think further meeting with FDA would be required before it makes NDA.

Shares of Repros Therapeutics Inc (NASDAQ:RPRX), which have declined more than 44% this year, gained nearly 57% on the last session on the back of the upbeat report.

Have technical analyst identified a strong wedge in RPRX?

Sears Holdings Corp (NASDAQ:SHLD) is seeking a cure for its financial problems through the spinoff of its property holdings into a real estate investment trust (REIT). The move is expected to help the company unlock funds to bankroll its store operations. The company plans to sell the stores to the REIT and then lease the back again. Its shareholders will also have a stake in the REIT.

A number of shareholders in Sears Holdings Corp (NASDAQ:SHLD) had long clamored for such monetization believing that it would have a positive bearing on the company’s balance sheet. The company could sell between 200 and 300 of its stores to the REIT.

Sears Holdings Corp (NASDAQ:SHLD) has not seen a profit for nine consecutive quarters.

Volume Price Trend Indicator (VPT) of SHLD

Q2 Holdings Inc (NYSE:QTWO)’s growth has inspired hope that the software company could soon be profitable. The company posted 3Q earnings results in which its quarterly losses narrowed and revenue soared compared with the same period last year. Additionally, the company posted results that pounded the analysts’ estimate.

Q2 Holdings Inc (NYSE:QTWO) said its users increased by 39% compared with the same period last year. As such, it generated revenue of $20.9 million, ahead of last year’s figure of $14.3 million, which was also in-line with the estimate. The loss for the quarter was down to $4.6 million from $5.1 million.

Does this analyst foresee a long-term upside in QTWO?

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John is a special projects and general assignment reporter, noted for breaking several exclusive stories.

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