Canopy Growth shares are trading lower after the company reported a year-over-year decrease in Q1 net revenue results.
Portfolio Pulse from Benzinga Newsdesk
Canopy Growth shares are trading lower after the company reported a year-over-year decrease in Q1 net revenue results.
August 09, 2024 | 12:30 pm
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Canopy Growth shares are trading lower due to a year-over-year decrease in Q1 net revenue results.
The decrease in Q1 net revenue is a negative indicator for the company's financial health, leading to a decline in share price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100