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Why Aurora Cannabis and Canopy Growth Caught Fire Today
Canopy Growth (NYSE: CGC), a top Canadian pot company, is up big again today. Shares of the pot titan bolted higher yesterday on a particularly rosy upgrade from analysts at Piper Jaffray. And the company's stock is getting yet another boost today from an unrelated bit of news: an upbeat earnings outlook provided by its partner Constellation Brands (NYSE: STZ).
During Constellation's quarterly conference call, held yesterday morning, the beverage giant implied that Canopy is on track to far surpass Wall Street's revenue expectations over the next 18 months. Specifically, Constellation's president and COO Bill Newlands noted during the call that he believes Canopy will haul in approximately 1 billion Canadian dollars in revenue over the course of the next year and a half.
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https://finance.yahoo.com/news/why-auror...00977.html
heute nochmal 11,7% hoch:
![[Bild: CGCc1dl1653.png]](https://finviz.com/publish/011019/CGCc1dl1653.png)
Canopy Growth (NYSE: CGC), a top Canadian pot company, is up big again today. Shares of the pot titan bolted higher yesterday on a particularly rosy upgrade from analysts at Piper Jaffray. And the company's stock is getting yet another boost today from an unrelated bit of news: an upbeat earnings outlook provided by its partner Constellation Brands (NYSE: STZ).
During Constellation's quarterly conference call, held yesterday morning, the beverage giant implied that Canopy is on track to far surpass Wall Street's revenue expectations over the next 18 months. Specifically, Constellation's president and COO Bill Newlands noted during the call that he believes Canopy will haul in approximately 1 billion Canadian dollars in revenue over the course of the next year and a half.
...
https://finance.yahoo.com/news/why-auror...00977.html
heute nochmal 11,7% hoch:
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