Canopy Growth has said it had established new senior roles to be held by former higher-ups at Constellation Brands. Is CGC stock a buy now? Read More...
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Why Snowflake Plunged Today
Snowflake was maintained at a buy rating by an analyst on Thursday, but that analyst also lowered his price target. Additionally, Thursday marked a big stock market options expiration day, which are often volatile days that see traders trying to push stocks around. It’s hard to pinpoint an exact reason; retail sales actually came in slightly lower than expected and jobless claims came in slightly higher than expected today (though still at historically low levels), which are signs of a slight cooling in the economy.
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