Canopy Growth Corporation (CGC) reached $1.23 at the closing of the latest trading day, reflecting a +2.5% change compared to its last close.
Zacks.com users have recently been watching Canopy Growth (CGC) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Canopy Growth Corporation (CGC) closed at $1.22 in the latest trading session, marking a -1.61% move from the prior day.
The outlook for investing in marijuana stocks has changed for many. The sector is facing continuous dips and a serious lack of upward momentum. This has left many wondering what to do and how to take action to recoup their investment. It seems that, if not almost all, shareholders share the same fate. Shareholders will have to either cut their losses or continue to be patient till there is a change in the market.
In the closing of the recent trading day, Canopy Growth Corporation (CGC) stood at $1.19, denoting a -4.03% move from the preceding trading day.
Canopy Growth (CGC) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
In the closing of the recent trading day, Canopy Growth Corporation (CGC) stood at $1.45, denoting a -2.03% move from the preceding trading day.
Canopy Growth (CGC -2.61%) emerged as a leader in the cannabis industry when Canada legalized recreational, adult use of the substance in 2018. Investors had high hopes for the company and the rest of the market but, unfortunately, these hopes have now evaporated.
The volatile downtrend for marijuana stocks has been both bitter and sweet. On the one hand, you have the sector trading at all-time lows. The upside to this is being able to pick up shares at a cheap price. But the sector is not as active as it once was and outside of politics, it's been challenging to find a catalyst for the sector to bounce. Nonetheless, the sweeter part is knowing that the cannabis industry becoming more successful.
Canopy Growth (CGC) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Canopy Growth Corporation (NASDAQ:CGC ) Q4 2025 Earnings Conference Call May 30, 2025 10:00 AM ET Company Participants Tyler Burns - Director, IR Luc Mongeau - CEO Judy Hong - CFO Conference Call Participants Aaron Grey - Alliance Global Partners Bill Kirk - ROTH Capital Partners Brenna Cunnington - ATB Capital Markets Pablo Zuanic - Zuanic & Associates Operator Good morning. My name is Joanna.
Shares of Canopy Growth Corporation (TSX:WEED, NYSE:CGC) tumbled on Friday after the Canadian cannabis producer reported a wider quarterly loss and a decline in revenue, as it continues to grapple with ongoing operational and market challenges. The stock fell over 21% in New York and more than 19% in Toronto following the company's fiscal fourth-quarter results.