Why Charlotte’s Web Holdings Stock Is Sinking Today

1 min read

Shares of Charlotte’s Web Holdings (OTC: CWBHF) were sinking 16.2% lower as of 2:51 p.m. EST on Thursday. The company didn’t announce any news. Instead, the decline appears to be the result of a broader sell-off of cannabis stocks.

If Charlotte’s Web’s business prospects had diminished, today’s fall would be understandable. However, nothing has changed on that front.

Image source: Getty Images.

Continue reading

Leave a Reply

Your email address will not be published.

Previous Story

Here’s How Labcorp Trounced Wall Street Estimates in Q4

Next Story

Apollo Commercial Real Estate Finance Inc (ARI) Q4 2020 Earnings Call Transcript

Latest from Blog