SNDL Inc SNDL shares are trading lower by 5.45% to $2.08 during Thursday's session. Shares are trading lower in sympathy with peer cannabis company Canopy Growth Corporation CGC, which released its financial results for the third quarter, revealing net revenue of CA$101 million ($75.4 million), down 28% year over year.
SNDL traders and investors may also watching for peer Aurora Cannabis second-quarter earnings results, confirmed for after the market close.
According to analyst consensus estimates, Aurora Cannabis is expected to report a quarterly loss of 6 cents per share on revenue of $41.38 million.
SNDL Inc has a 52-week high of $8.91 and a 52-week low of $1.95.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
The Benzinga Cannabis Capital Conference is coming to Florida
The Benzinga Cannabis Capital Conference is returning to Florida, in a new venue in Hollywood, on April 16 and 17, 2024. The two-day event at The Diplomat Beach Resort will be a chance for entrepreneurs, both large and small, to network, learn and grow. Renowned for its trendsetting abilities and influence on the future of cannabis, mark your calendars – this conference is the go-to event of the year for the cannabis world.
Get your tickets now on bzcannabis.com – Prices will increase very soon!