Your email has been successfully added to our mailing list.

×
-0.000240483371576879 -0.000891792502930877 -0.00254511568252192 -0.00249501498011012 -0.00500005010070236 -0.00404813675487727 -0.00742993416767705 0.00281565947554576
Stock impact report

CORRECTED-UPDATE 1-Constellation expects $54.8 mln in quarterly losses from Canopy investment (Aug.26) [Reuters]

Constellation Brands, Inc. (STZ) 
Last constellation brands, inc. earnings: 4/3 07:30 am Check Earnings Report
US:NYSE Investor Relations: cbrands.com/investors
Company Research Source: Reuters
Constellation expects $54.8 million in quarterly losses from Canopy investment (This August 26 story corrects paragraph 1 to add prefix “multi”) (Reuters) - Constellation Brands Inc ( STZ.N WEED.TO The brewer’s estimate comes after Canopy’s Chief Executive Officer Mark Zekulin earlier this month told investors it needs another three to five years to turn in a profit. Constellation invested more than $4 billion in the loss-making Canopy for a nearly 56% stake in the marijuana producer, banking on the proposed legalization of recreational weed in several countries. ( bit.ly/30z9beN In late June, Constellation executives told analysts they were not pleased with Canopy losing money and that they were working with the weed producer to win markets and become profitable. The very next month, Canopy fired founder and co-Chief Executive Officer Bruce Linton, a move that analysts believe was orchestrated by Constellation. Canopy has not been able to turn in a profit even as it records soaring s Show less Read more
Impact Snapshot
Event Time:
STZ
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for
STZ alerts

from News Quantified
Opt-in for
STZ alerts

from News Quantified