HEXO Stock Drops After Stifel Analyst Gives ‘Sell’ Rating
HEXO stock is in the red today after Stifel analyst W. Andrew Carter initiated coverage on HEXO Corp (TSX:HEXO) (NYSE:HEXO) with a 'sell' rating and a price target of a $1.15. Stifel Bearish on HEXO ... [Read]
HEXO Stock Hovers Around Lows: All Eyes on Upcoming Earnings
The cannabis industry has not had a great time over the past months and many stocks are trading at abysmal lows. HEXO Corp (TSX:HEXO) (NYSE:HEXO) is one of those stocks, and for some time, HEXO ... [Read]
HEXO Stock Continues to Hit New Lows on Growing Uncertainty
Many cannabis stocks made a comeback in the New Year, while others continued to struggle. HEXO stock is definitely in the latter category, slumping by 85% from its 52-week high. Analysts Turn Bearish Two analysts ... [Read]
HEXO Stock Slides After Jefferies Downgrades to Underperform
HEXO stock is in the red on Friday after Jefferies analyst Owen Bennett downgraded HEXO Corp (TSX:HEXO) (NYSE:HEXO) to Underperform from Hold, with a price target of C$1.00, down from C$1.90. Analysts Turn Bearish on ... [Read]
HEXO Stock Continues to Hit New Lows as Board Member Resigns
HEXO stock continues to move lower on Monday after HEXO Corp (TSX:HEXO) (NYSE:HEXO) said a member of its board of directors, Nathalie Bourque, has resigned from the board. Management Reshuffling Continues The recent days have ... [Read]
HEXO Stock Falls 15% This Year on Increased Uncertainty
2020 has been a kinder year for many cannabis stocks, rebounding after the struggle of last year. However, HEXO stock remains a notable exception, declining by as much as 15% this year so far and ... [Read]
HEXO Stock Drops as MediPharm Sues for Unpaid Bills
HEXO stock has been in the red this week after it was revealed that MediPharm Labs (TSX:LABS) (OTCQX:MEDIF) is suing HEXO Corp (TSX:HEXO) (NYSE:HEXO) over failing to pay for millions of dollars’ worth of cannabis ... [Read]
HEXO Stock Tumbles to a New Low on MKM’s Downgrade
After having gone through a harrowing time for much of 2019, many cannabis stocks have managed to turn a corner in 2020 so far. However, HEXO Corp (TSX:HEXO) (NYSE:HEXO) has had a bit of a ... [Read]
HEXO Stock Continues to Slide Following Share Offering Announcement
HEXO stock is continuing to trade down this week after HEXO Corp (TSX:HEXO) (NYSE:HEXO) announced plans to raise US$20 million via a direct stock offering. Second Offering in a Month The offering announced on January 17 ... [Read]
HEXO Stock Jumps 50% in a Week on Broader Recovery in the Sector
Throughout the majority of 2019, many cannabis stocks had a disappointing time due to sector-wide issues, but things have started to look up a bit over the past few weeks. One of the stocks that ... [Read]