RE:RE:Good Morning + Pre-Market ($9.07 USD / $11.52 CDN)Touran77 wrote:
quinlash wrote: Good Morning HEXO Longs.. another groggy morning coffee being sipped on here as I go over the morning news...
Looks like Canopy Growth reported out a favorable report this morning and pre-market trading is trending up nicely. I just checked it out HEXO Pre-Market and it was at $9.07 USD which is apx $11.52 CDN. Pre-market will continue right up until regular trading hours and then the shares are open to the world to trade so we will have to see how that all plays out during the day.
Here is the link to the pre-market trading if you care to watch it while enjoying a cup-o-joe. Just note that the prices are in USD so apply the sad-but-true Canadian to USD exchange rate to the pricing. Last I looked that was 1.27 :(
Link to NYSE Pre-Market Trading
https://www.marketwatch.com/investing/Stock/HEXO
yes my friend!
with bigger revenues and hexo supposedly done with big write downs, market seems to like the news!
HEXO is on track to turn EBITDA positive before Canopy Growth... that's super-good IMHO. How many Cannabis companies can state that they are EBITDA postive? Just Aphria, maybe Cronos if memory serves me right. It's a pretty small group of LPs with that milestone under their belt.