Canopy Growth shares fall 12.22% after-hours after announcing a new $200 million at-the-market equity program.
ByAinvest
Friday, Aug 29, 2025 6:43 pm ET1min read
CGC--
Canopy Growth Corporation dropped 12.22% in after-hours trading, following the announcement of a new at-the-market equity program that allows the company to issue and sell up to US$200 million of common shares. Additionally, the company filed for a common stock offering, which may have contributed to the decline in stock price as investors reacted to the potential dilution of shares.
Stay ahead of the market.
Get curated U.S. market news, insights and key dates delivered to your inbox.
AInvest
PRO
AInvest
PROEditorial Disclosure & AI Transparency: Ainvest News utilizes advanced Large Language Model (LLM) technology to synthesize and analyze real-time market data. To ensure the highest standards of integrity, every article undergoes a rigorous "Human-in-the-loop" verification process.
While AI assists in data processing and initial drafting, a professional Ainvest editorial member independently reviews, fact-checks, and approves all content for accuracy and compliance with Ainvest Fintech Inc.’s editorial standards. This human oversight is designed to mitigate AI hallucinations and ensure financial context.
Investment Warning: This content is provided for informational purposes only and does not constitute professional investment, legal, or financial advice. Markets involve inherent risks. Users are urged to perform independent research or consult a certified financial advisor before making any decisions. Ainvest Fintech Inc. disclaims all liability for actions taken based on this information. Found an error?Report an Issue
Comments
No comments yet