Wow what a day with VRX . The panic made it drop over 50%. Way overdone for the mediocre change in the guidance. After all, in my opinion, it was overdone even before today, but the investor herd went wild. And when the herd gets panicked, they run tripping over each other as we saw today.
You watch, by tomorrow or the end of the week, the herd will realize that VRX will still earn around $10/SH and on a 10x multiple, this stock is wort $100.00 CAD. Then they will all be rushing back in. This stock will be up $20.00+ from here, in a day or two.
But as usual, CXR got sideswiped in all of this. Hopefully MT will come through with the guidance and then some. If he does, this will be the moment where CXR differentiates itself from VRX and It's not inconceivable that eventually CXR's SP will exceed VRX.