Charlotte’s Web stock was ignited after the company announced the Kroger deal last week. Shares surged almost 42% on the news, but come Tuesday, August 6, they corrected. CWBHF stock has since fallen back to $19.85 USD at the time of writing.
Despite a hugely volatile market of recent weeks that caused a significant sell-off in May, Charlotte’s Web stock has still managed to pack on a massive 73% year-to-date.
There’s a reason this stock remains high on the one-to-watch list. Distribution.
Charlotte’s Web Stock and DistributionThe Kroger deal was not ...
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