Banking

Banking

Canopy Growth stock snaps two-day winning streak after news that Nasdaq objects to plan for U.S. assets

By Ciara Linnane Company is working to gain compliance and avoid a delisting Canopy Growth Corp. shares slid 3% Thursday to end a two-day winning streak, after the company said the Nasdaq exchange is not fully on board with its plan to consolidate its U.S. assets into a new holding company. That news, which was announced on Tuesday, sparked a rally in the stock and the broader sector among investors hopeful the move would allow Canopy (WEED.T) to access the U.S. market and take advantage of far greater opportunities than...
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