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Cannabis stocks in broad rally, as Canopy Growth shares soar after Q3 results beat expectations

This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news......»»

Category: topSource: marketwatchFeb 14th, 2020

Cannabis Watch: Canopy’s stock roars higher after better-than-expected earnings, sparks broad rally in cannabis sector

Canopy Growth stock roared higher Friday and sparked a broad rally among cannabis stocks, after a better-than-expected earnings report bolstered sentiment on the beaten-down sector......»»

Category: topSource: marketwatchFeb 14th, 2020

The Week In Cannabis: Stocks Finally Back In Green Despite Mixed Earnings Results

A strong week for cannabis closed with surprising quarterly results from Canopy Growth Corporation (NYSE: CGC) (TSX: WEED) Friday, with fiscal third-quarter net revenue of CA$123.8 million ($93.5 million), up 49% year-over-year. read more.....»»

Category: blogSource: benzingaFeb 16th, 2020

Canopy Growth"s stock soars after narrower-than-expected loss, revenue beat

The U.S.-listed shares of Canopy Growth Corp. rocketed 16% in premarket trading Friday, after the Canada-based cannabis company reported a narrower-than-expe.....»»

Category: topSource: marketwatchFeb 14th, 2020

Earnings Results: Nvidia stock rallies more than 6% as data-center sales, outlook beat Street

Nvidia Corp. shares rally in the extended session Thursday after the chip maker’s data-center sales and outlook top Wall Street estimates while returning to revenue growth......»»

Category: topSource: marketwatchFeb 13th, 2020

Canopy Growth Analysts Lower Price Targets After Q2 Report

Over the last 12 months, Canopy Growth Corp  (NYSE: CGC) (TSE: WEED) shares have fallen 55%. The cannabis company reported second-quarter results Thursday, posting net revenue of CA$76.6 million ($84.2 million) and a net los.....»»

Category: earningsSource: benzingaNov 15th, 2019

Cannabis Watch: Canopy Growth’s earnings disappointment delivers fresh pain in brutal stretch for cannabis stocks

Canopy Growth Corp. shares slide more than 17% Thursday and pulls rivals lower after the company posts weaker-than-expected earnings for its fiscal second quarter in the latest blow for the troubled cannabis sector......»»

Category: topSource: marketwatchNov 14th, 2019

Earnings Results: Alibaba blows past earnings estimates and says it expects further cloud growth

Alibaba Group Holding Ltd.’s American depositary shares are up slightly in Friday trading after the Chinese e-commerce giant reported a sizable earnings beat while topping expectations across all of its revenue segments......»»

Category: topSource: marketwatchNov 1st, 2019

Large Option Trader Betting On Canopy Growth Bounce Ahead Of Earnings

Shares of cannabis stock Canopy Growth Corp (NYSE: CGC) traded higher by 3% on Wednesday but remain down 55% overall in the past year Canadian cannabis sales growth hasn’t lived up to expectations. read more.....»»

Category: blogSource: benzingaOct 23rd, 2019

Cannabis Watch: Hexo stock dives after downgrade, dragging cannabis sector lower

Hexo Corp. shares took another bath on Monday, after Seaport Global downgraded the stock along with market leader Canopy Growth, in a note that advises investors to switch out of Canadian cannabis stocks and into U.S. multistate operators......»»

Category: topSource: marketwatchOct 14th, 2019

Cannabis Watch: Hexo stock dives anew after Seaport downgrade, dragging cannabis sector lower

Hexo Corp. shares took another bath on Monday, after Seaport Global downgraded the stock along with market leader Canopy Growth, in a note that advises investors to switch out of Canadian cannabis stocks and into U.S. multistate operators......»»

Category: topSource: marketwatchOct 14th, 2019

Cannabis stocks have flamed out this year

Shares of major pot companies Canopy Growth, Cronos, Tilray and Aurora are all down sharply this year. What will it take for a comeback?.....»»

Category: topSource: moneycentralOct 8th, 2019

Slack shares recover from hammering after first results as public company

Shares of Slack Technologies Inc recovered initial losses to trade just 2% lower on Thursday, after the workplace messaging firm's first quarterly report as a public company beat expectations while warning of slowing growth......»»

Category: topSource: reutersSep 5th, 2019

Earnings Results: Nvidia shares rally on earnings beat

Nvidia Corp. shares rise in the extended session Thursday after the chip maker tops Wall Street expectations for the quarter even as data-center sales come in weaker than expected......»»

Category: topSource: marketwatchAug 15th, 2019

Arista Networks stock swings to loss following earnings beat

Arista Networks Inc. shares swung to a loss in the extended session Thursday after the cloud-networking company forecast weaker-than-usual growth in the second half after quarterly results topped Wall Street expectations. Ari.....»»

Category: topSource: marketwatchAug 1st, 2019

Earnings Results: Twitter stock rises after revenue, user numbers top expectations

Twitter shares rose in premarket trading Friday after the social-media company beat expectations for its revenue and user growth, while falling short on profit......»»

Category: topSource: marketwatchJul 26th, 2019

Cannabis Stocks Gainers and Losers From July 1, 2019

Gainers Aurora Cannabis (NYSE: ACB) shares gained 0.13%, closing at $7.83. Canopy Growth (NYSE: CGC) shares gained 0.69%, closing at $40.59. read more.....»»

Category: blogSource: benzingaJul 1st, 2019

Cannabis Watch: Cannabis stocks higher as Canopy shareholders meet, CannTrust unveils California venture

Cannabis stocks were mostly higher Wednesday, as investors awaited the results of shareholder votes on Canopy Growth Corp.’s proposal to acquire Acreage Holdings Inc. with the companies hosting separate meetings that kick off at 10 a.m......»»

Category: topSource: marketwatchJun 19th, 2019

Container Store shares rally on strong fourth-quarter earnings

Container Store Group Inc. shares rallied in Tuesday's extended session after the storage retailer posted quarterly results that solidly beat expectations. Containe.....»»

Category: topSource: marketwatchMay 14th, 2019

Earnings Results: Snap stock surges after user growth beats estimates and losses narrow

Snap Inc. shares were soaring 8% in after-hours trading Tuesday after the social-media company beat expectations with its latest financials and user numbers......»»

Category: topSource: marketwatchApr 23rd, 2019

DowDuPont results beat expectations; materials and specialty products growth offset agriculture declines

Shares of DowDuPont Inc. were little changed in light premarket trade Thursday, af.....»»

Category: topSource: marketwatchMay 3rd, 2018