dropped on Tuesday after the company received a downgrade from Oppenheimer on what the research firm believes is greater gross margin pressure than initially expected. In a research note to clients, Oppenheimer...
dropped on Tuesday after the company received a downgrade from Oppenheimer on what the research firm believes is greater gross margin pressure than initially expected. In a research note to clients, Oppenheimer...
Hexo shares slide 3.4% premarket as Oppenheimer downgrades stock to perform from outperform
Shares of Quebec, Canada-based medical cannabis company Hexo Corp. fell 3.4% in premarket trade Tuesday, after Oppenheimer downgraded to stock to perform from outperform and said it sees greater gross...
Innovative Industrial Properties' forward EV-to-sales multiple increased to 20.8x in June. The stock was trading at a significant premium to the peer median of 5.8x.
HEXO (HEXO) and Innovative Industrial Properties were both trading at a premium to the peer median at 27x and 23x, respectively. Innovative Industrial Properties (IIPR) continued to show strength.
Do you own shares of Canadian cannabis company Hexo (HEXO)? If so we've got good news and bad news. (And when we say "we," what we really mean is Canadian investment bank BMO Capital).BMO's...
A Wall Street investment bank lowered its price target on this popular pot stock by more than 10%.
On June 17, CIBC lowered its ratings for HEXO (HEXO) to "neutral" from its previous "outperform" rating. This move came after HEXO missed earnings expectations on June 12.
Investors sold off HEXO (HEXO) after the company reported lower-than-expected earnings on June 12. The stock has lost nearly 15% since then. After a sell-off, investors often ask whether it is a good time...
Weakness in the cannabis sector continued last week, especially after HEXO (HEXO) reported its earnings on June 12. HEXO's earnings largely disappointed the market, and the stock plunged almost 16%...
Hint: It had nothing to do with the company's headline numbers.
One of the country’s lowest-cost producers, HEXO Corp currently has more than 310,000 sq. ft. of production capacity, with another 1,000,000 sq. ft. facility now under construction.
As a leading cannabis producer, we also believe in our corporate social responsibility and how our operations impact the natural and social environment on a local, provincial and national leve