Canopy Growth Corporation (CGC) Stock Declines While Market Improves: Some Information for Investors

Canopy Growth Corporation (CGC) declined 1.54% to $0.88 per share, underperforming the broader market which gained modestly. The stock has lost 7.43% over the past month. While revenue is expected to grow 22.09% year-over-year to $59.12 million, earnings are projected to worsen with an EPS of -$0.03 (down 200% from prior year). The company holds a Zacks Rank of #3 (Hold).