Canopy Growth Corporation (CGC) came out with a quarterly loss of $0.1 per share versus the Zacks Consensus Estimate of a loss of $0.03. This compares to a loss of $0.76 per share a year ago.
Canopy Growth Corporation (TSX:WEED, NYSE:CGC) reported mixed results for the fiscal third quarter, with revenue beating estimates and a narrower loss, though per-share results missed expectations. The Ontario-based cannabis producer said net revenue totaled C$74.5 million for the quarter ended December 31, roughly unchanged from a year earlier and above the C$70.5 million Wall Street consensus estimate.
In the most recent trading session, Canopy Growth Corporation (CGC) closed at $1.09, indicating a -1.8% shift from the previous trading day.
Canopy Growth Corporation (CGC) concluded the recent trading session at $1.14, signifying a -2.56% move from its prior day's close.
In the latest trading session, Canopy Growth Corporation (CGC) closed at $1.17, marking a +2.8% move from the previous 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 latest trading session, Canopy Growth Corporation (CGC) closed at $1.23, marking a -4.65% move from the previous day.
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.
In the latest trading session, Canopy Growth Corporation (CGC) closed at $1.16, marking a -4.13% move from the previous day.
Canopy Growth Corporation (CGC) concluded the recent trading session at $1.66, signifying a -4.6% move from its prior day's close.
Cannabis stocks surged Friday following reports President Donald Trump could soon reclassify marijuana as a less dangerous substance.
The reclassification of the drug would alleviate tax burdens on cannabis companies.