Closing Bell: Canopy Growth Corp down on Thursday (WEED)

In trading today, shares of Canopy Growth Corp opened at $10.55 and closed at $9.39. prices ranged from $9.38 to $10.77.

Share prices eased -11.00% from the previous day's close of $10.55.

During the day across North America, the TSX Composite closed -1.68% at 22723.21, the S&P 500 closed 1.58% at 5522.30, the Dow Jones Industrial Average closed 0.24% at 40842.79 and the Nasdaq Composite closed 2.64% at 17599.40.

Canopy Growth Corp traded under WEED on the Toronto Stock Exchange (TSX).

Trading volume was 1,978,999 on 6,617 total trades. On average, Canopy Growth Corp has traded 1,439,343 shares over the last 5-days and 2,392,622 year-to-date.

The TSX market on the whole today saw 907 price advancers against 4,327 declines and 72 unchanged.

During the prior 52 weeks, WEED.TO has traded as high as $26.00 (September 12,2023) and low as $3.74 (March 14,2024). Moreover, in the last 52 weeks, Canopy Growth Corp's shares have advanced 51.45%, while in 2024, they have advanced 38.91%.

Following today's trading, Canopy Growth Corp has a market capitalization of $803.88 million on a float of 76,198 shares outstanding. Its annual EPS is $-8.79.

Canopy Growth Corp is a TSX Drug Specialty & Generic company headquartered in Smiths Falls, CAN.

Based on 10.00 analysts, Canopy Growth Corp gets an average recommendation of "Moderate Sell" according to Zacks. Currently, there are 1 buy ratings, 5 sell ratings and 4 hold ratings for the stock.

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This report is produced using automated technology that summarizes market data into articles for our readers. Ongoing project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities..