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Май
2019

CRON Stock: The Cronos Earnings Report Sent Shares on a Wild Ride

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CRON Stock Earnings Report

It's rare to see a stock take a long tumble due to a poor earnings report, only to recover in an almost equal upswing the next day. But that's what we've seen so far from Cronos Group Inc (NASDAQ:CRON).

The CRON stock earnings report, which was released on May 9, missed some analyst expectations, sending Cronos shares on a near-double-digit dive, only to recover with an over-five-percent gain by Friday afternoon.

So what was in the report that sent Cronos stock tumbling, and how did it stage a sudden comeback?

First, the bad news: Cronos Group claimed that its adjusted earnings will likely decline over the course of.

The post CRON Stock: The Cronos Earnings Report Sent Shares on a Wild Ride appeared first on Profit Confidential.




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