Disney, D.R. Horton, Lucid fall premarket; Meta, Canopy Growth rise
By Peter Nurse Investing.com -- Stocks in focus in premarket trade on Wednesday, November 9th. Please refresh for updates. Walt Disney (NYSE:DIS) stock fell 7.6% after the...
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Canopy Growth News & Analysis
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Canopy Growth Misses Q2 EPS by 27c
Canopy Growth (CGC) reported Q2 EPS of (Cdn$0.47), Cdn$0.27 worse than the analyst estimate of (Cdn$0.20). Revenue for the quarter came in at Cdn$117.86 million versus the consensus estimate...
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Canopy Growth to Establish Canopy USA - Stifel Negative on the Move
By Sam Boughedda Canopy Growth (NASDAQ:CGC) announced it will create a new U.S.-domiciled holding company, Canopy USA, as part of its strategy to accelerate its entry into the U.S....
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After-Hours Movers: Frontier Gains on Index Move, Mind Medicine Falls on Offering
After-Hours Stock Movers:Mind Medicine Inc. (Nasdaq: MNMD) 33% LOWER; today announced that it intends to offer and sell, subject to market conditions, common shares with accompanying...
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Lyft, DraftKings, DoorDash Rise Premarket; Warner Bros Discovery Falls
By Peter Nurse Investing.com -- Stocks in focus in premarket trade on Friday, August 5th. Please refresh for updates. Warner Bros Discovery (JO:DSBPp) (NASDAQ:WBD) stock fell 13% after the...
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Canopy Growth Misses Q1 EPS by CAD $5.01
Canopy Growth (NASDAQ:CGC) reported Q1 EPS of (Cdn$5.23), Cdn$5.01 worse than the analyst estimate of (Cdn$0.22). Revenue for the quarter came in at Cdn$110.1 million versus the...
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Jobs Data, Sinema Backs IRA, India Rate Hike - What's Moving Markets
By Geoffrey Smith Investing.com -- The U.S. is expected to have added 250,000 new nonfarm jobs in July - the fewest since November but still a decent number by historical measures. The...
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Canopy Growth Reports Q4 Loss of Cdn$1.46/sh
Canopy Growth (NASDAQ:CGC) reported Q4 EPS of (Cdn$1.46), versus (Cdn$1.85) reported last year. Revenue for the quarter came in at Cdn$126.1 million, versus Cdn$167.4 million reported...
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Markets: Fighting for Recovery - 5 Highlights This Friday
By Laura Sanchez Investing.com - Markets are trying to recover, following rallies in Asia and Wall Street, with economic data and central bank strategies in focus. Corporate earnings season...
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Income and Spending, Canopy Earnings, Big Lots: 3 Things to Watch
By Liz Moyer Investing.com -- Stocks are shaking off concerns about an aggressive Fed and production disruptions in China and staging a rally, heading for a weekly gain ahead of the Memorial...
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Wall Street Opens Mostly Higher as U.S., EU Gas Deal Signed; Dow up 90 Pts
By Geoffrey Smith Investing.com -- U.S. stock markets opened mostly higher on Friday after the U.S. and European Union agreed on a deal that will markedly increase shipments of U.S....
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Monster Jumps on Reports Mergers Talks with Constellation Moving on
By Dhirendra Tripathi Investing.com – Monster Beverage stock (NASDAQ:MNST) rose 3% on Tuesday on reports merger talks between the energy drink-maker and Corona-brewer Constellation...
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Cannabis Stocks Gain on Hopes of Being Legalized, Buyback Boosts Sundial
By Dhirendra Tripathi Investing.com – Cannabis stocks rose Friday on reports Republican Rep. Nancy Mace from South Carolina has floated a bill that seeks to legalize weed. Sundial Growers...
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Canopy Lower After Slightly Weaker Than Forecast Earnings
By Dhirendra Tripathi Investing -- Canopy Growth (NASDAQ:CGC) was lower on Tuesday after the pot producer reported slightly weaker than expected fourth quarter earnings. The Canadian...
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US STOCKS-S&P closes at record on tech boost as U.S. Treasury yields retreat
(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window.)* Tech leads sector gainers* Growth stocks outperform value stocks* Canopy...
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US STOCKS-Tech boost lifts S&P to record as U.S. Treasury yields retreat
(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window.)* Growth stocks outperform value stocks* Canopy Growth down on deal to buy...
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US STOCKS-S&P 500 scales new record high on tech boost
(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window.)* GameStop jumps as Ryan Cohen to be made chairman* Canopy Growth down on C$323...
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Constellation Brands Slips As Lower EPS Guidance Overshadows Q4 Results
By Dhirendra Tripathi Investing.com – Constellation Brands (NYSE:STZ) fell 3.5% Thursday as the company’s earnings guidance for fiscal year 2022 came in lower than that of last year. The...
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Pot ETF Trio Soars 90% to Open 2021 on Legalization Hopes, M&A
(Bloomberg) -- The top performing exchange-traded funds so far in 2021 have at least one thing in common: They all track the pot industry. The Global X Cannabis ETF (POTX), the Cannabis ETF...
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