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August 9, 2024 · earnings

CGC earnings: a negative outcome, -7.9%

On August 9, 2024, Canopy Growth Corp reached its earnings. The result was a negative outcome, and the stock moved -7.9% in the window around the event.

The move

$6.92
1d before
$6.37
Event day
$6.37
1d after
$6.84
5d after

Pre-catalyst setup

+1.3%
30-day run-up
10029%
30-day volatility
1.0×
volume spike