Is It Too Late to Buy Canopy Growth Stock? [Yahoo! Finance]
![Yahoo! Finance](../../../Content/images/providers/Yahoo! Finance.png)
Canopy Growth Corporation - Common Shares (CGC)
Company Research
Source: Yahoo! Finance
the best stocks to invest in for people who were bullish on the prospects for marijuana reform at the time. Fast-forward to today, and I would hesitate to classify the stock as a leading company or a top growth stock to own. There are larger cannabis companies than Canopy Growth out there, and it hasn't been much of a growth business of late -- it has been slashing costs and pivoting to an "asset-light" model in order to conserve cash. But Canopy remains hopeful about the U.S. legalizing cannabis because if that happens, it will open up a new growth opportunity for the business. And that raises the question -- is it really too late to invest in the pot stock, or could now be the right time to finally buy shares of Canopy Growth? Why the stock could still generate some great returns The advantage Canopy Growth has over many pot stocks is its name has become iconic and incredibly recognizable in the industry. If you think about pot stocks, odds are, Canopy Growth and its main ri
Show less
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 Corporation (CGC) Surpasses Market Returns: Some Facts Worth Knowing [Yahoo! Finance]Yahoo! Finance
- Can Canopy Growth Stock Finally Recover in 2024? [Yahoo! Finance Canada]Yahoo! Finance Canada
- Acreage Announces Appointment of Rebecca Kirk as Chief Operating Officer [Yahoo! Finance]Yahoo! Finance
- Acreage Announces Appointment of Rebecca Kirk as Chief Operating Officer [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Avextra AG and SynQube GmbH announce a Strategic Partnership in Drug Development with Cannabinoids and other Psychotropic Substances [Yahoo! Finance]Yahoo! Finance
CGC
Earnings
- 5/30/24 - Miss
CGC
Sec Filings
- 6/18/24 - Form EFFECT
- 6/18/24 - Form EFFECT
- 6/18/24 - Form EFFECT
- CGC's page on the SEC website