CG
CGC
-2.6%⚪ No clear catalystCanopy Growth Corporation Common Shares · Healthcare
$0.72Vol 2.41M · 0.9× normalMkt cap −$0.01BMarket closed — 2026-10-16 session
What happened
Move
-2.6%
Price
$0.72
Volume
2.41M
0.9× normal
Market cap
$0.30B
−$0.01B today
Why it moved
Sector-wide movelow confidence
- Sector-wide move — computed
Sector-driven move — the stock is moving largely with its sector (-1.1%); no major company-specific catalyst detected.
Verdict — was the move justified?
⚪ No clear catalyst
No reliable catalyst was identified for this move.
How unusual is this move
σ score
0.5σ
vs own 20d volatility
Percentile
43th
of 1279 daily moves
Avg daily move
±4.8%
own 5y average
vs sector
-1.5%
beyond sector median
What happened after similar moves
209 similar down moves in CGC’s 5-year history:
After 5 days
-2.4%
41% higher
After 20 days
-6.1%
37% higher
Median of same-direction moves within ±35% magnitude band. Past patterns don’t predict outcomes — context, not signal.
Fundamental context
V 45G 0P 0H 53Q 35
Insider activity (90d): net selling $46.8K
Full fundamental analysis on PreMarketPrice
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