Indivior shares are trading higher after the company announced it reached an agreement with direct purchasers to resolve the antitrust multi-district litigation. The company also issued preliminary Q3 and YTD 2023 results.
Portfolio Pulse from Benzinga Newsdesk
Indivior has reached an agreement to resolve the antitrust multi-district litigation with direct purchasers. The company also released preliminary Q3 and YTD 2023 results.
October 23, 2023 | 1:14 pm
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POSITIVE IMPACT
Indivior's resolution of the antitrust litigation and the release of preliminary Q3 and YTD 2023 results could positively impact the company's stock.
The resolution of the antitrust litigation removes a significant legal hurdle for Indivior, potentially leading to increased investor confidence. Additionally, the release of preliminary Q3 and YTD 2023 results provides an update on the company's financial performance, which could influence the stock price depending on the results.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100