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GWPH - GW Pharmaceuticals Tumbles On Earnings Beat But Its Growth Story Is Only Beginning
GW Pharmaceuticals Plc
GW Pharmaceuticals (GWPH) announced its Q3 2019 earnings recently. Its earnings beat analysts' expectations, but the stock still closed down by 17% based on this news. I believe that there is a good buying opportunity after this drop. For starters, the earnings were good as both EPS and revenue beat expectations. Secondly, there is a catalyst coming up in December that could quickly turn things around. Lastly, the pipeline is extensive and I think it is poor to base the company's value only on Epidiolex with the currently approved indications. I think that