HEXO stock continues to move lower on Tuesday after HEXO Corp (TSX:HEXO) (NYSE:HEXO) reported high losses for the fourth quarter.
Increased LossesThe cannabis industry has been in a frenzied state for many months now, and most of the companies in the sector have seen their stock prices slide considerably. The same has happened with HEXO stock, and today, the stock slid again after the company announced its financial results for the fourth quarter. The losses deepened year-on-year, and soon enough, the stock came under pressure.
In the fiscal fourth quarter, HEXO Corp recorded ...
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