NexPoint Strategic Opportunities Fund
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Company profile

NexPoint Strategic Opportunities Fund (the Trust), formerly NexPoint Credit Strategies Fund, is a non-diversified, closed-end management investment company. The Trust's objective is to provide both current income and capital appreciation. The Trust allocates its investments in public equities, private equity investments, collateralized loan obligation (CLOs) debt, high yield bonds, syndicated floating rate bank loans, real estate assets, CLO equity, non-traditional yield oriented investments and hedge exposure where necessary. The Trust invests in various sectors, which include chemicals, energy, gaming and leisure, housing, media and telecommunications, real estate investment trust, healthcare, asset-backed securities, and information technology. NexPoint Advisers L.P. serves as the investment adviser to the Trust.

Closing Price
$14.22
Day's Change
-0.17 (-1.18%)
Bid
--
Ask
--
B/A Size
--
Day's High
14.44
Day's Low
14.09
Volume
(Heavy Day)
Volume:
204,321

10-day average volume:
81,203
204,321

Exact stock surges as changes to Pfizer's sales agreement a 'positive,' analyst says

2:30 pm ET September 15, 2021 (MarketWatch)
Print

Shares of Exact Sciences Corp. (EXAS) rallied 8.0% in afternoon trading Wednesday, after the molecular diagnostics company said it taking over the selling of its Cologuard at-home colon cancer screening test from Pfizer Inc. (PFE), and said it was discussing with Pfizer "material changes" to their promotion agreement. The company said it learned in late August that Pfizer cut the sales positions supporting its business tasked with selling Cologuard, so Exact offered those displaced sales representatives jobs. Exact said it added about 400 sales reps in September, bringing the total to more than 850 sales reps. The company said it expects those reps to be "more productive" than when they were at Pfizer, since they will be fully focused on selling Cologuard, and because Pfizer was not making in-personal sales calls in 41 states because of its COVID-19 policies, which were different than Exact's policies. Analyst Bruce Jackson at Benchmark reiterated his buy rating and $165 price target on Exact's stock, saying the disclosed changes were, "Overall, positive for Exact." The stock has dropped 14.5% over the past three months, while the S&P 500 has gained 5.4%.

-Tomi Kilgore

	

(END) Dow Jones Newswires

September 15, 2021 14:30 ET (18:30 GMT)

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