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Corona beer parent stock slides 5% as cannabis investment weighs on earnings

Constellation Brands Inc. stock fell 7% Thursday to lead S&P 500 decliners, after the distributor of Corona beer swung to a big loss in its fiscal second quarter as it booked charges related to an investment in a Canadian cannabis company. Read More...

Corona beer parent stock slides 5% as cannabis investment weighs on earnings

Constellation Brands Inc. stock fell 7% Thursday to lead S&P 500 decliners, after the distributor of Corona beer swung to a big loss in its fiscal second quarter as it booked charges related to an investment in a Canadian cannabis company.

Read More

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