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Hexo stock slides another 6% to weigh on cannabis sector after job cuts prompt downgrade Hexo Corp. stock fell another 6% Friday, bringing its weekly losses to 14%, after CIBC downgraded the stock and said the 200 job cuts announced ...
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Hexo stock downgraded by CIBC after job cuts highlight series of challenges CIBC downgraded Hexo Corp. stock HEXO, -6.32% HEXO, -5.70% to underperformer from neutral on Friday after the company announced that it had ...
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Hexo stock slides another 4% to weigh on cannabis sector after job cuts prompt downgrade Hexo Corp. stock fell another 4% Friday, bringing its weekly losses to 12%, after CIBC downgraded the stock and said the 200 job cuts announced ...
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Hexo slashes workforce by 200 amid lower marijuana revenue expectations Troubled Canadian cannabis company Hexo, which this week postponed the release of financial results amid lower revenue expectations, said it is ...
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Buds & Duds: Cannabis stocks grow to end the week; HEXO falls on downgrade, job cuts The North American Marijuana Index, which tracks the top cannabis stocks in the US and Canada, gained 0.8% to stand at 140 points. Elsewhere, the ...
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Cannabis Update: HEXO, CTST, APHA, and ACB Today, CIBC downgraded HEXO (HEXO) from "neutral" to "underperform." It also lowered its price target for the stock from 4 Canadian dollars to 3 ...
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Hexo winds down operations at Niagara-area greenhouse as part of cost cutting GATINEAU, Que. — Hexo Corp. is winding down its operations at its greenhouse in Beamsville, Ont. as part of the cannabis company's cost-cutting ...
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Hexo Lays Off 200 Employees, Delays Earnings HEXO Corp. (TSX: HEXO) (NYSE: HEXO) has become the latest cannabis casualty as the company said it was laying off 200 employees following an ...
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Hexo cutting 200 jobs as it looks to profitability, 'long-term viability' Hexo, based in Gatineau, Que., had 822 employees as of April 30, according to a filing from its third-quarter financial results. On May 24, it added an ...
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The HEXO plant in Belleville is still on track to open despite job losses at other facilities across the ... The Mayor of Belleville has reassurance that the HEXO facility will open later this year with beverage production. Over 400 full time are to be created.
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