Cronos Group stock was rising slightly Monday after the Canadian cannabis company said founder Mike Gorenstein would return as chief executive officer. Gorenstein steps in for current CEO Kurt Schmidt, who plans to retire, the company said in a statement. “Mike is a visionary leader who knows Cronos (ticker: CRON ) better than anyone,” said Jim Rudyk, lead independent director of Cronos. Read More...
Motley Fool
3 Stocks to Avoid This Week
Wall Street bounced back in a major way last week, and that was also the case for my three stocks to avoid. The three names I figured were going to move lower last week — Anthem (NYSE: ANTM), GameStop (NYSE: GME), and StoneCo (NASDAQ: STNE) — were up 3%, down 2%, and up 53%, respectively, averaging out to an 18% increase. The surge in StoneCo was obviously going to be way too much to overcome.
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