Even among marijuana stocks. a volatile bunch, Tilray (NASDAQ:TLRY) has been the ultimate roller coaster. Tilray stock IPOed in the U.S. last August at $17 per share. By the beginning of September, TLRY stock price was crossing $50 per share. Incredibly, over the next two weeks, it spiked to as much as $300 per share.
0 Comments
Since February, cannabis maker Cronos Group (NASDAQ:CRON) has been on a downward slide. Note that CRON stock  has gone from $22 to $15.30. Yet keep in mind that the poor performance of Cronos Group stock has not been an outlier.  General bearishness towards marijuana stocks has become prevalent. Just look at companies like Tilray (NASDAQ:TLRY)
0 Comments
General Electric (NYSE:GE) stock, once among the most boring names in the Dow Jones Industrial Average, is now facing constant danger. Source: Shutterstock It met earnings guidance for the first quarter but its asset sale to Danaher (NYSE:DHR) may be in trouble. Fears over its pension liability may be overblown but it has a grim future.
0 Comments
Chipotle Mexican Grill food catering. Adam Jeffery | CNBC Here are the biggest calls on Wall Street on Thursday: BMO downgraded Chipotle to ‘underperform’ from ‘market perform’ BMO said the impact of African Swine Fever on Chipotle‘s operations is underappreciated. “We are downgrading CMG to Underperform and lowering our target price to $620 (40x reduced
0 Comments
Check out the companies making headlines before the bell: Best Buy — The electronics retailer’s quarterly earnings came in 16 cents a share above estimates at an adjusted $1.02 per share, with revenue beating forecast as well. Comparable-store sales were up 1.1%, beating the 0.9% consensus estimate of analysts surveyed by Refinitiv. Hormel — Hormel
0 Comments
Steven Mnuchin, Treasury secretary, arrives at a hotel in Beijing, China, on Thursday, March 28, 2019. Gilles Sabrie | Bloomberg | Getty Images Treasury Secretary Steven Mnuchin said Wednesday that he’s spoken with a top Walmart executive about how retail giant can best position itself and keep prices low amid the growing trade dispute between
0 Comments