HEXO hot streak continues as cannabis stock up 32% over last 3 sessions

Jan. 24, 2023 3:08 PM ETHEXO Corp. (HEXO), HEXO:CABy: Jonathan Block, SA News Editor3 Comments

Marijuana cannabis stock market growth concept Illustration

lorozco3D

  • HEXO Corp. (NASDAQ:HEXO), which is up ~10% in Tuesday afternoon trading, is higher for the third straight trading session.
  • The stock is up 32% since Friday's open.
  • The Canadian cannabis company's recent rise comes after it regained compliance Nasdaq's minimum bid price requirement on Friday.
  • Still, like many other Canadian marijuana names, HEXO (HEXO) is down big over the last one-year period -- ~77%.
  • Seeking Alpha's Quant Rating views HEXO (HEXO) as a strong sell.

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