Why Canopy Growth Stock Crashed 10% on Thursday
Canopy Growth isn't generating positive free cash flow, and never has. To keep its operations going, the company announced plans to sell about 32 million new shares of stock, and raise $250 million in cash.
Canopy Growth just proposed stock sale: find out more
Canopy Growth Corp (NASDAQ: CGC) says it has established an “at-the-market equity program”. Shares of the cannabis firm are in the red at writing.
Canopy Growth shares fall after company proposes $250 million stock sale
Canopy Growth Corp.'s stock slid 4% early Thursday, after the Canadian cannabis company said it has set up a $250 million at-the-market equity offering.
Canopy Growth Corporation (CGC) Is a Trending Stock: Facts to Know Before Betting on It
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 Stock: This Pot Pick Could Hit $15 Sooner Than You Think
Canopy Growth (NASDAQ: CGC ) is a premier Canadian cannabis company. Granted, Canopy Growth isn't in perfect financial condition.
Canopy Growth's Earnings: Profitability Despite Industry Shifts
Canopy Growth Corporation NASDAQ: CGC is a leading producer and distributor of cannabis and cannabis-derived products. Canopy Growth's earnings report for the fourth quarter and fiscal year was released, revealing a company actively adapting its strategies to address evolving market dynamics.
Canopy Growth Corporation (CGC) Q4 2024 Earnings Call Transcript
Canopy Growth Corporation (NASDAQ:CGC ) Q4 2024 Results Conference Call May 30, 2024 10:00 AM ET Company Participants Tyler Burns - Director, IR David Klein - CEO Judy Hong - CFO Conference Call Participants Aaron Grey - Alliance Global John Zamparo - CIBC Yewon Kang - Canaccord Genuity Pablo Zuanic - Zuanic & Associates Operator Good morning. My name is Joanna, and I will be your conference operator today.
Canopy Growth's fiscal fourth quarter earnings impress sending shares higher
Canopy Growth Corporation (TSX:WEED, NYSE:CGC) shares added almost 8% after the cannabis operator impressed investors with its fiscal fourth quarter earnings, boosted by strength in its international segment and vaporization business Storz & Bickel. For the quarter ended March 31, 2024, revenue grew 7% year-over-year to $72.8 million.
Canopy Growth Corporation (CGC) Reports Q4 Loss, Tops Revenue Estimates
Canopy Growth Corporation (CGC) came out with a quarterly loss of $0.28 per share versus the Zacks Consensus Estimate of a loss of $0.33. This compares to loss of $2.30 per share a year ago.
Canopy Growth loss narrows as operating expenses drop
Canopy Growth Corp.'s stock CGC, was up fractionally in premarket trading on Thursday after the Canadian cannabis company reported a lower loss on higher revenue and lower expenses. Canopy Growth's fourth-quarter loss narrowed to C$92.3 million, or C$1.03 a share, from C$640.1 million, or C$12.83 a share, in the year-ago quarter.
Should You Buy Canopy Growth (CGC) Ahead of Q4 Earnings?
Canopy Growth's (CGC) rightsized cannabis-focused business is a major foundation for growth.
Canopy Growth Corporation (CGC) Rises Higher Than Market: Key Facts
In the closing of the recent trading day, Canopy Growth Corporation (CGC) stood at $9.18, denoting a +0.77% change from the preceding trading day.
