Charlotte’s Web Holdings (TSX:CWEB) (OTCQX:CWBHF) stock lost over 4% last week, even though the entire index gained. It was a continuation of May’s disastrous month where CWEB stock lost 30%; shares fell from $15.93 approximately to lows of $12.37 in little over a week.
Nothing from head office caused the sell-off; rather, the entire market was hit amid escalations in the US-China trade war. But where others rebounded, Charlotte’s Web Holdings stayed down, and it’s worrisome because “the stock is now down almost 50% from its 52-week high.”
CWEB Stock On the RadarHowever, ...
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