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

Canopy Growth Corp opened trading today at $9.10 and closed at $8.82. prices ranged from a low of $8.77 to a high of $9.36.

Shares shrank -0.11% from the previous day's close of $8.83.

Today across North America, the TSX Composite closed -0.45% at 21880.95, the S&P 500 closed -0.77% at 5199.50, the Dow Jones Industrial Average closed -0.60% at 38763.45 and the Nasdaq Composite closed 1.03% at 16366.85.

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

A total of 1,398,982 shares was traded during the last trading day, with total trades of 5,651. On average, Canopy Growth Corp has traded 1,333,677 shares over the last 5-days and 2,367,528 year-to-date.

The TSX overall saw 1,858 price advancers against 3,319 declines and 108 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 12 months, Canopy Growth Corp's shares have soared 47.00%, while in 2024, they have advanced 30.47%.

Following today's trading, Canopy Growth Corp has a market capitalization of $749.28 million on a float of 84,856 shares outstanding. Its annual EPS is $-8.79.

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

Canopy Growth Corp's average recommendation is "Moderate Sell" based on 10.00 analysts 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..