Home Top Movers Blazing report sparked HEXO Corp (HEXO) stock go up in the Pre-market

Blazing report sparked HEXO Corp (HEXO) stock go up in the Pre-market

HEXO Corp (NYSE:HEXO) shares took the aerial routein the pre-market today after the ‎Company reported that it has updated and revised the short form base shelf prospectus ‎dated December 14, 2018, amending and revising its November 19, 2018, short form base ‎shelf prospectus has expired.‎

Get the hottest stocks to trade ‎every day before the market opens 100% ‎free. Click here now. 

‎From time to time, during the 25 months starting November 19, 2018, the shelf prospectus ‎referred to the offering for sale by the Company of up to $800,000,000 in the amount of the ‎Company’s common stock, options, subscription receipts, and units. The Corporation issued ‎shares for net gross proceeds of $254.3 million between January 2019 and August 2020 ‎under the Shelf Prospectus. The Organization has agreed at this time not to file another ‎short form base shelf prospectus.‎


3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free

Sponsored


Read More

‎”HEXO has made significant changes to its processes, product portfolio, and overall ‎enterprise on the road to sustainability since the prospectus was first filed. This fiscal year’s ‎first quarter was our sixth consecutive quarter of growth in Adjusted EBITDA as we are ‎heading towards positive Adjusted EBITDA. “We are also progressing on the path to positive ‎cash flow from our operations,” said Trent MacDonald, HEXO CFO. We continue to hold the ‎number one market share spot in Quebec while increasing into other countries and are ‎currently the top four net revenue dollars in Canada’s adult market share. Via Truss, our ‎joint venture with Molson Coors, climbed into the top beer spot and earned the number one ‎market share ranking for the hash, which we expect will continue to be a significant ‎segment for the industry. In light of our strong financial standing, and most importantly, our ‎excellent liquidity and cash flow position, we do not see the need to perform more rounds of ‎borrowing shortly.”‎

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

Must Read

Why did Corvus Pharmaceuticals Inc. (CRVS) stock soar on Wednesday?

Corvus Pharmaceuticals Inc. (CRVS) shares surged 9.17% in after-hours on Wednesday, July 28, 2021, and closed the daily trading at $2.38. in the regular...

Havertys Furniture Companies Inc. (HVT) stock gains during after-hour trading, Here’s to know why?

Havertys Furniture Companies Inc. (NASDAQ: HVT) stock declined by 0.39% at last close whereas the HVT stock price gains by 4.6% in the after-hours...

Oragenics Inc. (OGEN) stock gained during current market. What’s driving it high?

Oragenics Inc. (OGEN) stock gains by 54.33% during the current market trading session. Oragenics, is a research and development firm focused on combating infectious...

Flora Growth Corp. (FLGC) stock declines during premarket. Here’s what you should know?

Flora Growth Corp. (NASDAQ: FLGC) stock gained by 49.67% at last close whereas the FLGC stock price plunged by 18.36% in the pre-market trading...

Palatin Technologies Inc. (PTN) stock rises during pre-market trading. What has been happening lately?

Palatin Technologies Inc. (NASDAQ: PTN) stock declined by 1.16% the last close whereas the PTN stock price gains by 3.91% in the pre-market trading...

Why Gaotu Techedu Inc. (GOTU) stock went up on Wednesday despite headwinds?

Gaotu Techedu Inc. (GOTU) shares rose 1.38% in after-hours on Wednesday, July 28, 2021, and closed the daily trade at $3.67. Earlier in the...

Why did Corvus Pharmaceuticals Inc. (CRVS) stock soar on Wednesday?

Corvus Pharmaceuticals Inc. (CRVS) shares surged 9.17% in after-hours on Wednesday, July 28, 2021, and closed the daily trading at $2.38. in the regular...

Antero Resources Corp. (AR) stock fell during after-market. Here’s to know why?

Antero Resources Corp. (NASDAQ: AR) stock plunged by 0.58% at last close while the AR stock price declines by 6.59% in the after-hours trading...

Related News

Why Electrameccanica Vehicles Corp. (SOLO) stock performed well on Wednesday?

Electrameccanica Vehicles Corp. (SOLO) shares gained 5.71% in after-hours on Wednesday, July 28, 2021, and closed the daily trading at $3.70 per share. in...

Encore Wire Corporation Inc. (WIRE) stock surges during current market. Here’s to know why?

Encore Wire Corporation Inc. (NASDAQ: WIRE) stock gained by 11.10% in the current market trading session. Encore Wire Corporation is a prominent manufacturer of...

Why Futu Holdings Limited (FUTU) stock is surging in pre-market on Wednesday?

Futu Holdings Limited (FUTU) shares surged 7.56% in pre-market on Wednesday, July 28, 2021, as of this writing. Yesterday in the after-hours session, FUTU's...

Mattel Inc. (MAT) stock surged during pre-market trading, post financial results announcement

Mattel Inc. (NASDAQ: MAT) stock declined by 1.2% at the last close whereas the MAT stock price rises by 5.26% in the pre-market trading...

Here is why Juniper Networks Inc. (JNPR) stock plunged in the after-markets on Tuesday?

Juniper Networks Inc. (JNPR) shares declined 6.01% in after-hours on Tuesday, July 27, 2021, and closed the daily trading at $25.98 per share. in...

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

SPECIAL GIFT

WE HAVE A GIFT FOR YOU

Download Free eBook For

7 GROWTH STOCKS FOR 2021

100% free. stop anytime no spam