any idea why the huge drop in Canopy Growth Corp?

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It reached a 52 week high around $ 67 last week, today it’s close to $48

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Asked on February 18, 2021 2:08 pm
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The cannabis industry was another target of Wall Street Bets. The sell of you saw is likely due to them simply dumping their shares.

It's more important now than ever to do extensive due diligence on stocks to prevent getting caught up in something like this. Buying at the top of an artificially inflated run can end up with investors losing a bunch of money.

US legalization is promising, but the price movements in these stocks since late January was just nonsensical.

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Posted by Dan Kent
Answered on February 18, 2021 3:30 pm