UTHR has announced that it will continue the FREEDOM-EV study of Orenitram extended-release tablets. This is good news.  However, many analysts were hoping for better news.  A better news would have been if the effectiveness was so good that there would be no need to continue the study as planned.

UTHR remains a takeover target but the probability of a buyout is now lower

What To Do Now

Those in the stock may consider continuing to hold and change stops to mental stops in the zone of $98 to $108.43.  As the dust settles, we may tighten the stops and give further guidance.  Consider not adding at this time.

Those not in the stock may wait for a signal on the Real Time Feed.