Since the Supreme Court overturned Roe v. Wade, Americans have been rushing to procure contraceptives. As the nation’s focus has shifted to birth control treatments and methods, two penny stocks have skyrocketed by impressive amounts.
Endo International (NASDAQ:ENDP) is a dynamic pharmaceutical producer but its links to women’s health have pushed it up 93% as of this writing. Up more than 118% for the past week, ENDP stock has closely mirrored the performance of Evofem Biosciences (NASDAQ:EVFM). The contraceptive producer rose 160% yesterday before its gains stabilized today.
A significant part of ENDP’s surge has been driven by social media. The stock has been picking up considerable traction on Twitter, much like EVFM. Let’s take a closer look at today’s contraceptive boom winner that may be garnering meme stock status.
The post Why Is Endo International (ENDP) Stock Up 90% Today? originally appeared at InvestorPlace.