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0 0 -0.00613404177196042 -0.00613404177196042 -4.31974772672269E-05 -4.31974772672269E-05 -4.31974772672269E-05 -4.31974772672269E-05
Stock impact report

Why Canopy Growth Corporation (CGC) Dipped More Than Broader Market Today [Yahoo! Finance]

Canopy Growth Corporation - Common Shares (CGC) 
Company Research Source: Yahoo! Finance
The stock trailed the S&P 500, which registered a daily loss of 0.19%. Elsewhere, the Dow saw an upswing of 0.09%, while the tech-heavy Nasdaq depreciated by 0.36%. Prior to today's trading, shares of the company had lost 23.29% over the past month. This has lagged the Medical sector's gain of 1.44% and the S&P 500's gain of 2.06% in that time. The investment community will be paying close attention to the earnings performance of Canopy Growth Corporation in its upcoming release. The company is expected to report EPS of -$0.35, up 80.56% from the prior-year quarter. In the meantime, our current consensus estimate forecasts the revenue to be $47.12 million, indicating a 9.18% decline compared to the corresponding quarter of the prior year. For the full year, the Zacks Consensus Estimates are projecting earnings of -$2.24 per share and revenue of $204.1 million, which would represent changes of +44.69% and -16.52%, respectively, from the prior year. Investors should also pay att Show less Read more
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