Penn Entertainment Inc: “Everybody’s in this darn business. … I do like Penn. They’re good guys, but I cant recommend the stock right now.” Symbotic Inc: “They̵...
Tag: Canopy Growth Corp
Canopy to speed entry into US cannabis market with new holding company
Canopy Growth Tom Franck | CNBC Canadian cannabis company Canopy Growth said Tuesday it’s consolidating its U.S. assets into a new holding company to speed up its entry into the U.S. market. The...
AMD, Levi Strauss, DraftKings and more
Here are the companies that are making headlines before the bell: Advanced Micro Devices (AMD) – AMD slid 5.3% in the premarket after cutting its sales forecast. The chipmaker said it is being hit by ...
Cannabis company Canopy applauds Biden marijuana pardons, stock surges
Canopy Growth operations in Smiths Falls, Ontario. Tom Franck | CNBC Canopy Growth applauded President Joe Biden’s announcement Thursday that he will pardon thousands of people convicted of mari...
Apple, Netflix, Biogen, Canopy Growth and more
A Biogen facility in Cambridge, Massachusetts. Brian Snyder | Reuters Check out the companies making headlines in midday trading. Apple — Apple shares fell 3.4% on Wednesday following a report that th...
Biogen, Thor Industries, Lyft and more
Check out the companies making headlines before the bell: Biogen (BIIB) – Biogen soared 45.6% in premarket trading after Biogen and Japanese partner Eisai said their experimental Alzheimer’s dru...
I like Chubb over American International Group
Canopy Growth Corp: “Canopy will be great once we [nationally legalize] cannabis. I don’t know if it’s going to happen in my lifetime, that’s the problem.” Starwood Prope...
Big Lots, Hibbett, Pinduoduo and others
Check out the companies making headlines before the bell: Big Lots (BIG) – The discount retailer’s shares tumbled 21.2% in the premarket after missing Wall Street forecasts for quarterly earning...
Cramer’s week ahead; market needs obstacles resolved before a rally
CNBC’s Jim Cramer warned investors on Friday that a market rally has no chance of sustaining until the causes of the turmoil are resolved. “If we want the market to stage a meaningful come...
Capri Holdings is a buy
Lithium Americas Corp: “These companies are making way too much money. … You have to sell that stock, because it won’t stay like that.” Informatica Inc: “It’s now c...
Bed, Bath & Beyond, Nio, Honest Company and others
Check out the companies making headlines before the bell: Cannabis stocks – Shares of marijuana producers are extending a Thursday rally in the premarket, following an industry publication’s rep...
General Mills, Winnebago, GameStop and others
Check out the companies making headlines before the bell: General Mills (GIS) – General Mills gained 1.6% in the premarket after reporting better-than-expected quarterly earnings and raising its full-...
Jones Soda unveils cannabis-infused sodas under new brand
Jones Soda’s cannabis offshoot, Mary Jones Source: Jones Soda Meet Mary Jones, the new brand from Jones Soda that will feature cannabis-infused sodas, gummies and syrups. It’s a bold step ...
Don’t sell Canopy Growth at these low levels
Vista Outdoor: “That’s actually one of the most inexpensive stocks in the entire market. Just so you know, they’re actually featuring CamelBak right now and Bell, the helmet company,...
Bernstein launches coverage of Canada’s Tilray, Cronos and Canopy Growth but stops short of any buy ratings
Sanford C. Bernstein & Co. analyst Nadine Sarwat initiated coverage of three Canadian cannabis stocks on Wednesday but stopped short of any buy recommendations at current levels. “Is the buzz gone...