MID-DAY: Pot stocks plummet ahead of legalization; traders eye Netflix preparing for subscriber report

Canadian pot stocks are going up in smoke. Companies like Aphria, Canopy and Aurora are all falling after hitting record highs yesterday as marijuana legalization nears.

However, the TSX is still getting a boost after a Bank of Canada report showed optimism from Canadian businesses on the economy and trade. The Bay Street index is up 92 points to 15,501.

The Loonie is also gaining to 77.30 cents US.

Across the border, the Dow is rallying 269 points to 25,519 as big business earnings reports start to roll in. Netflix will be the hot topic for investors after the close today when it rolls out its Q3 report.

The price of US crude is down to 71.52 a barrel.

Continue Reading

You may also like



cjcd Now playing play

- Advertisement -

Related Articles

- Advertisement -

Latest News

Behchokǫ̀ March Calls for Justice for Missing and Murdered Boys and Men alongside MMIW2S

Hundreds gathered in Behchokǫ̀ today for a march and ceremony to remember the Missing and Murdered First Nations, Inuit and Metis Women, Girls, Two Spirit persons, LGBTQIA+ persons, Boys and Men.

Spring Trade Show 2026

Brought to you by Yellowknife Chamber of Commerce & 100.1...

Yellowknife RCMP seek assistance in locating missing youth

Yellowknife RCMP are asking for assistance from the public in locating a youth who has been reported missing.

GNWT launches survey on minimum wage in the territory

The Government of the Northwest Territories has launched a survey, asking residents to give feedback on the territory’s minimum wage.

GNWT announces test of NWT Alert system on May 6

The Government of the Northwest Territories has announced that they will be issuing a live test of the NWT Alert system at 9:55 am on May 6.