Advertisement
Canada markets closed
  • S&P/TSX

    21,873.72
    -138.00 (-0.63%)
     
  • S&P 500

    5,071.63
    +1.08 (+0.02%)
     
  • DOW

    38,460.92
    -42.77 (-0.11%)
     
  • CAD/USD

    0.7299
    +0.0001 (+0.02%)
     
  • CRUDE OIL

    82.69
    -0.12 (-0.14%)
     
  • Bitcoin CAD

    88,130.40
    -3,107.38 (-3.41%)
     
  • CMC Crypto 200

    1,388.57
    -35.53 (-2.49%)
     
  • GOLD FUTURES

    2,327.70
    -10.70 (-0.46%)
     
  • RUSSELL 2000

    1,995.43
    -7.22 (-0.36%)
     
  • 10-Yr Bond

    4.6520
    +0.0540 (+1.17%)
     
  • NASDAQ futures

    17,477.50
    -187.00 (-1.06%)
     
  • VOLATILITY

    15.97
    +0.28 (+1.78%)
     
  • FTSE

    8,040.38
    -4.43 (-0.06%)
     
  • NIKKEI 225

    38,460.08
    0.00 (0.00%)
     
  • CAD/EUR

    0.6816
    -0.0003 (-0.04%)
     

Key Takeaways from Canopy Growth’s Second-Quarter Earnings

Key Takeaways from Canopy Growth’s Second-Quarter Earnings

On November 14, Canopy Growth (WEED) (CGC) reported its second-quarter earnings, which largely disappointed the market. As a result, the stock took a beating with an 11% decline to $34.3. The company reported revenues of 23.3 million Canadian dollars, which missed analysts’ estimate of 61.7 million Canadian dollars.