Hexo (NASDAQ:HEXO) Stock Slips To a New Low: What Next?

May 25, 2022

2022 has not been a particularly bad year for the cannabis sector but some companies have continued to be laggards and many investors avoid such stocks. One such company is Hexo (NASDAQ:HEXO). It has continued to be an avoidable stock for most investors and it can be easily gauged from the fact that the Hexo stock has slumped by as much as 60% so far this year. Trading Data On…

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HEXO Corp (NASDAQ:HEXO) Stock Sees Bullish Action: Soars 25% In a Week

March 28, 2022

The cannabis sector has enjoyed a comeback of sorts in recent days and many of the companies have seen their stocks go on an upward move. One of those companies is HEXO Corp (NASDAQ: HEXO). Trading Data On Friday, HEXO stock soared 7.41% to $0.7418 with more than 34.44 million shares, compared to its average Friday of 7.83 million shares. The stock moved within a range of $0.6844 – 0.7500…

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Is Now The Time For CBD Beverage Stocks? RLBD, HEXO, NBEV, WTER, BUD

February 18, 2022

The $15+ billion CBD market continues to expand. Growing acceptance of the herbal remedy and associated products has pushed CBD into new industries and innovative uses. One such segment is CBD beverages. These beverages are purported to help with concentration, stress, and even restlessness when laying your head on the pillow. But it’s not just those who are anxious who can benefit from these hemp-infused itmes. Brands like Real Brands’…

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Hexo Corp (NASDAQ:HEXO) Stock Jumps 8%: Company Announces Job Cut

February 10, 2022

The news of a company saving costs is almost always welcomed by investors and hence, it was perhaps no surprise that the cannabis stock Hexo Corp (NASDAQ:HEXO) surged by 8% yesterday. The company was in the news yesterday after it announced that it was going to cut as many as 180 jobs and thereby end up saving as much as $15 million a year. The announcement came as a source…

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