What's up with Cannabis Stocks?
October 25, 2024 (Investorideas.com Newswire) Investorideas.com, a go-to platform for big investing ideas, including cannabis stocks reports on trading for cannabis stocks.
Several of the well-known players are gaining in today's trading session; a welcome win for long term cannabis investors.
Canopy Growth Corporation (TSX: WEED) (NASDAQ: CGC), a world-leading cannabis company dedicated to unleashing the power of cannabis to improve lives, is up over 10% in today's trading. The stock is currently trading at $5.41, up 0.50, gaining 10.18% on the NASDAQ on volume of over 7.3 Million shares as of this report. The stock had a day's high of $5.55 on the NASDAQ and made the TSX top percentage gainers list, currently trading at $7.53, up 0.72, gaining 10.57%.
Canopy will release its financial results for the second quarter fiscal year 2025 ended September 30, 2024 before financial markets open on November 8, 2024.
Aurora Cannabis Inc. (TSX: ACB) (NASDAQ:ACB) is also up today, currently trading at $5.97, up 0.30, gaining 5.38% on the NASDAQ.
Aurora announced yesterday that it has scheduled a conference call to discuss the results for its second quarter 2025 on Wednesday, November 6, 2024 at 8:00 a.m. Eastern Time | 6:00 a.m. Mountain Time. The Company will report its financial results for the second quarter 2025 before the opening of markets that same day.
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