From Nasdaq: 2024-05-03 18:15:04

Canopy Growth Corporation (CGC) closed at $10.24, a -0.97% decrease from the previous day, lagging behind the S&P 500, which gained 1.26%. CGC shares rose by 5.73% in the past month, outperforming the Medical sector. Analysts predict earnings of -$0.70 per share and revenue of $52.71 million in CGC’s upcoming report. The Zacks Rank rates CGC as a #2 (Buy) stock.

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The Zacks Industry Rank places the Medical – Products industry in the bottom 39%. Top Zacks-rated industries outperform the bottom half by a 2 to 1 ratio. Investors can use Zacks.com to track stock-moving metrics in future trading sessions. The views expressed do not necessarily reflect those of Nasdaq, Inc.



Read more at Nasdaq: Canopy Growth Corporation (CGC) Stock Declines While Market Improves: Some Information for Investors