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Category Archives: Market news

Aurora Cannabis posts smaller losses than expected as US and Canadian citizens stock up on cannabis

Posted on May 15, 2020May 15, 2020 | No Comments

Source: Pixabay | Author: CBD-Infos-com

Reading time: two minutes

Shares of the Canadian pot producer rose by 13% in extended-hours trading on Thursday after the company reported a stronger than expected third fiscal quarter.

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Shares of Beyond Meat surge by 141%, 2020 forecast withdrawn due to COVID-19

Posted on May 8, 2020May 8, 2020 | No Comments

Source: Pexels | Author: Elle Hughes

Reading time: two minutes

At a time when Berkshire Hathaway posts a record net loss of nearly $50 billion due to the virus outbreak, the plant-based meat producer sits at the very opposite spectrum, reporting a massive year-over-year revenue increase for its first quarter.

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Ford reports 2 billion USD in losses, expects to lose an extra 5 billion USD come Q2

Posted on April 30, 2020October 5, 2020 | No Comments

Reading time: two minutes

The popular automaker shut down several factories and revealed underwhelming sales figures for its first fiscal quarter due to the COVID-19 outbreak.

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