14 October Watchlist đź‘€

 

Today we are watching…

1.  Wendy’s (#wen)

 Wendy’s, the restaurant chain, wants to take something new, to somewhere new! By raising investors’ expectations about a breakfast menu in Europe, the company has raised its stock price. Soon, the company will have meat alternatives on offer, diners popping up in the post-Brexit UK, and even a “black burger.” The less said about that, the better! A PowerPoint prezy to shareholders on Friday was mainly directed at skeptical investors. Wendy’s has tried to introduce breakfast three times before without success, so it needs to score a big W to fend off a reputation for let downs on Wall Street. Wendy’s investors are playing a game of high risk and high reward!

2. Eli Lilly (#lilly)

 This biotech behemoth has gone through a Federal Drugs Authority (FDA) headache, all so that we can be free of them forever. After an ungodly amount of paperwork was filed to the government, Reyvow, a migraine relief antidote, was cleared for commercial use on Friday. Hurray! Its price is still up in the air, but getting past the be-all and end-all, dream-defining FDA judgment is a massive win for Eli Lilly. It claims the bragging rights over Novartis, which has a migraine drug in lieu, and will now get a head start on marketing Reyvow! Will Lilly make it count?

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