By Adriano MarcheseCanopy Growth Corp.'s Nasdaq-listed shares were down nearly 12% in premarket trading Friday after the cannabis company reported lower revenue than analysts expected in the period. The company reported net revenue fell to 111.8 million Canadian dollars, the equivalent of US$87.5 million, from C$148.4 million, missing FactSet-polled analyst expectations of C$129.9 million.

Source: Wall Street Journal May 28, 2022 03:27 UTC