Hexo stock slides another 5% to weigh on cannabis sector after job cuts prompt downgrade

Hexo stock slides another 5% to weigh on cannabis sector after job cuts prompt downgrade

Hexo Corp. stock fell another 4% Friday, bringing its weekly losses to 12%, after CIBC downgraded the stock and said the 200 job cuts announced Thursday were the latest sign of the challenges facing the Quebec-based cannabis company. READ MORE: https://finance.yahoo.com/m/95dd1ecb-8b19-38d3-9719-477cbcc22b90/hexo-stock-slides-another-5%25.html?.tsrc=rss The post Hexo stock slides another 5% to weigh on cannabis sector after job cuts prompt downgrade appeared first on Cannabis Daily.

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