HEXO Stock Continues to Hit New Lows: Will It Rebound in 2020?
It is now a well-established fact that 2019 was a disappointing year for cannabis stocks as the sector suffered from a range of structural issues, and those issues still exist. HEXO Corp (TSX:HEXO) (NYSE:HEXO) had ... [Read]
HEXO Stock Recovers After Releasing Corrected Full Year Earnings
HEXO stock is recovering on the first trading session of 2020 after HEXO Corp (TSX:HEXO) (NYSE:HEXO) issued a correction to its financial statements with Canadian regulators late Tuesday. Narrows Full Fiscal-Year Loss One of the ... [Read]
HEXO Stock Sinks After Announcing Discounted Stock Offering
HEXO stock is in the red this week after HEXO Corp (TSX:HEXO) (NYSE:HEXO) announced that it would issue nearly 15 million shares with the aim of raising $25 million USD in financing in order to fund future ... [Read]
HEXO Stock Slumps on Higher Q1 Loss, But Revenue Soars
HEXO stock is under pressure this morning after HEXO Corp (TSX:HEXO) (NYSE:HEXO) reported an increased first-quarter loss. Net Revenue Doubles, But Revenue Per Gram Falls 2019 has been an exceedingly tough year for the cannabis ... [Read]
HEXO Stock Future Dependent on Upcoming First Quarter Earnings
The past months have been an increasingly difficult period for most cannabis companies, and there are hardly any cannabis firms that have been able to insulate themselves from the troubles. HEXO Corp (TSX:HEXO) (NYSE:HEXO) has ... [Read]
HEXO Stock Jumps After Closing $70 Million Financing Round
HEXO stock is moving higher after HEXO Corp (TSX:HEXO) (NYSE:HEXO) closed its long-running financing round that was initially announced on October 23, 2019. Major Relief The situation in the cannabis industry has been pretty dire ... [Read]
HEXO Stock Rebounds from Lows: What to Expect Next
HEXO stock has rebounded over 45% over the past week as the cannabis sector experiences a recovery of sorts. Let's analyze the recent developments from HEXO Corp (TSX:HEXO) (NYSE:HEXO). Why the Sudden Rebound? The cannabis ... [Read]
HEXO Stock Drops Following Unlicensed Cultivation Revelation
HEXO stock is down on Monday morning after the company revealed that a "limited quantity" of unlicensed cannabis was grown at a facility in Niagara, Ontario, which HEXO Corp (TSX:HEXO) (NYSE:HEXO) acquired from Newstrike Brands earlier this year. ... [Read]
HEXO Stock Hits $2 Mark: Should You Worry Now?
HEXO stock has been one of the worst-performing stocks in the cannabis sector over the past six months. Let's find out what's going on with HEXO Corp (TSX:HEXO) (NYSE:HEXO). Key Details Over the past six ... [Read]
HEXO Stock Falls Again on Disappointing Q4 Earnings
HEXO stock continues to move lower on Tuesday after HEXO Corp (TSX:HEXO) (NYSE:HEXO) reported high losses for the fourth quarter. Increased Losses The cannabis industry has been in a frenzied state for many months now, ... [Read]