Contra Guys: A tale of two buds – diverging pot stock prospects [Globe and Mail, The (Toronto, Canada)]
Canopy Growth Corporation - Common Shares (CGC)
Company Research
Source: Globe and Mail, The
How are pot stocks looking these days? Way back before the pandemic, as the industry was getting off the ground, cannabis companies were all the rage. IPOs were common, momentum was strong and no valuation seemed too high. It turned out to be a classic bubble – and it popped. Back in late 2022, I wrote a bearish article about the prospects for the sector – and for Canopy Growth Corp. WEED-T decrease in particular. The article argued that while many pot stocks were down more than 90 per cent from their record highs, the negative revenue trends, massive profit losses, weak balance sheets, widespread dilution and persistent insider selling were negative. The article concluded that “pot stocks – like Canopy – [were] far from making it onto
Read more
Impact Snapshot
Event Time:
CGC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CGC alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CGC alerts
High impacting Canopy Growth Corporation - Common Shares news events
Weekly update
A roundup of the hottest topics
CGC
News
- Canopy Growth and Spectrum Therapeutics Announce Spectrum Reserve, A New Premium Medical Cannabis Brand [Yahoo! Finance]Yahoo! Finance
- Canopy Growth and Spectrum Therapeutics Announce Spectrum Reserve, A New Premium Medical Cannabis BrandBusiness Wire
- Canopy Growth Strengthens Balance Sheet with Optional Early Prepayment to Reduce Term Loan by US$100 Million [Yahoo! Finance]Yahoo! Finance
- Canopy Growth Strengthens Balance Sheet with Optional Early Prepayment to Reduce Term Loan by US$100 MillionBusiness Wire
- Buy the Dip, Eh? 3 Canadian Stocks to Scoop Up During This Correction [Yahoo! Finance Canada]Yahoo! Finance Canada
CGC
Earnings
- 2/7/25 - Miss
CGC
Sec Filings
- 4/2/25 - Form 4
- 4/2/25 - Form 4
- 4/2/25 - Form 4
- CGC's page on the SEC website