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Company News For Jan 3, 2019

Zacks Equity Research
Canopy Growth Corporation (CGC) delivered earnings and revenue surprises of -346.67% and -4.91%, respectively, for the quarter ended December 2018. Do the numbers hold clues to what lies ahead for the stock?
  • Shares of Alphabet Inc. GOOGL surged 0.9% after the company announced that it received approval from the Federal Communications Commission (FCC) for its new radar-based motion sensing device
  • Shares of Tesla, Inc. TSLA declined 6.8% after the company stated that its fourth quarter deliveries came in below expectations and announced a price cut of $2,000
  • ProQR Therapeutics N.V.’s PRQR shares gained 10.8% after the company received Fast Track designation from the FDA for its QR-421a
  • Omega Healthcare Investors, Inc.’s OHI shares fell 3.4% after the company announced plans to acquire MedEquities Realty Trust MRT


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