Cronos Group Inc’s Revenues Are Up, Is It Time to Buy?

Friday, 5 August 2022, 23:55:15
Cronos Group (NASDAQ:CRON) had an eventful Q1. The company’s revenues surged 25.05M, or up 98.5% YoY. Other fundamentals for the stock were also clearly in the green, with net income up 79.77% and diluted EPS up 79.55%. The company’s strong prior performance could be an indication that it will keep this trend moving forward and […]
— ValueWalk

Crypto.com Partners with South Korea’s Fantagio in KPop Move

Thursday, 4 August 2022, 07:49:33
Crypto.com continues to build brand awareness, with the platform having survived a crypto winter rumor in July. Cronos (CRO) will eye a return to $0.16.
— FX Empire

Cronos Group Inc. (CRON) will benefit from these strategies

Wednesday, 3 August 2022, 17:16:00
Cronos Group Inc. (NASDAQ:CRON) closed Tuesday at $3.31 per share, up from $3.18 a day earlier. While Cronos Group Inc. has overperformed by 4.09%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, CRON fell by -54.84%, with highs and lows ranging from $7.61 to $2.57, whereas […]
— US Post News

Are Bitcoin, Ethereum, Dogecoin Traders Losing Confidence? Analyst Says This Could Be The Start Of ”Good Times Returning”

Wednesday, 3 August 2022, 03:45:01
Major coins traded lower Tuesday evening as the global cryptocurrency market cap fell 0.5% to $1.07 trillion at press time. Price Performance Of Major Coins Coin 24-hour 7-day Price Bitcoin (CRYPTO: BTC ) -2% 7.7% $22,841.31 Ethereum (CRYPTO: ETH ) -2% 11.3% $1,609.74 Dogecoin (CRYPTO: DOGE ) -2% 7.6% $0.07 Top 24-Hour Gainers (Data via CoinMarketCap) Cryptocurrency 24-Hour % Change (+/-) Price Lido DAO (LDO) +12.5% $2.3 Cronos (CRO) +6.6% $0.15 Oasis Network (ROSE) +9.1% ​​$0.09 See also: How To Get Free Crypto Why It Matters: Risk assets were seen in negative territory on Tuesday evening, with two of the largest cryptocurrencies in the red. The S&P 500 and Nasdaq closed 0.7% and 0.2% lower, respectively. Their futures were largely flat at press time. Bitcoin’s third consecutive daily decline could be an indication that “recovery momentum is waning,” wrote Craig Erlam , a senior market analyst with OANDA. Its movement will probably “ultimately depend on inflation,” the Federal Reserve, and any worrying news, he said. “Perhaps the hesitancy is a sign that traders lack confidence that this is a bottom and the start of the good times returning.” A significant piece of news that may have a bearing on Bitcoin price is the exit …
— Benzinga

Why Are Cannabis Stocks TLRY, CGC, CRON Up Today?

Tuesday, 2 August 2022, 21:27:19
Following a rough first half of the year, cannabis stocks are finally enjoying some positive momentum. Key players Tilray (NASDAQ: TLRY ), Canopy Growth (NASDAQ: CGC ) and Cronos (NASDAQ: CRON ) are finally gaining significant ground. Though the news cycle for the botanical sector was light, Tilray last week released its financial results for its fiscal year 2022, featuring some positive dynamics. Combined with legalization news from Switzerland, the industry may be rising in sympathy. On July 28, Tilray reported that FY 2022 net revenue increased 22% to $628 million compared to the prior year. When adjusted for currency fluctuations, net revenue increased by 29%. Additionally, net sales in the fiscal fourth quarter (ended May 31, 2022) amounted to $153 million, representing year-over-year growth of 8%. On a constant currency basis, Q4 sales increased by 14% to $163 million. In addition, management disclosed that it expects to generate $70 million to $80 million of adjusted EBITDA (earnings before interest, taxes, depreciation, and amortization).
— InvestorPlace