3rdPartyFeeds

Why Few Investors Were High on Tilray Stock Today

Monday's Tilray downgrader was Stifel prognosticator Andrew Carter, who took an axe to his price target by slicing it down to $3.30 per share from his previous $5.50. On Friday, Benchmark's Mike Hickey change his outlook on the stock from hold to sell, due to understandable concerns about the tough Canadian weed market and the still-dim prospects for pot legalization in countries outside North America. Read More...

Benzinga

China’s Regulatory Crackdown On Its Tech Sector Takes New Twist

China is after the head of its leading state-backed chip investment fund, shortly following a similar probe into a former executive linked to the fund, Reuters reports. China suspected Ding Wenwu, the head of China Integrated Circuit Industry Investment Fund, or the “Big Fund,” of severe law violations and was under disciplinary review. In July, China placed Lu Jun, former head of investment firm Sino IC Capital, which managed the Big Fund, under investigation, citing a “serious violation of dis

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