Bevcanna Enterprises Inc
Change company Symbol lookup
Select an option...
BVNNF Bevcanna Enterprises Inc
OCUL Ocular Therapeutix Inc
GOOG Alphabet Inc
BAC Bank of America Corp
ED Consolidated Edison Inc
FRAN Francesca's Holdings Corp
CWBHF Charlotte's Web Holdings Inc
SALM Salem Media Group Inc
ASML ASML Holding NV
FUN Cedar Fair LP
Go


Based in Canada
Company profile

Bevcanna Enterprises Inc. is a Canada-based company specialized in manufacturing cannabis infused products. The Company along with its wholly-owned subsidiary, BevCanna Operating Corp is engaged in end to end production of cannabidiol (CBD) and tetrahydrocannabinol (THC) beverages and consumer products. The Company is focused on acquiring, developing and launching beverage brands for cannabis consumers. The Company also operates an e-commerce platform that offers CBD infused natural health and wellness products.

Closing Price
$0.1729
Day's Change
-0.0071 (-3.94%)
Bid
--
Ask
--
B/A Size
--
Day's High
0.1768
Day's Low
0.1729
Volume
(Light)
Volume:
2,195

10-day average volume:
26,562
2,195

American Express downgraded at J.P. Morgan, as outlook on consumer finance deteriorates

8:58 am ET July 15, 2020 (MarketWatch)
Print

J.P. Morgan analyst Richard Shane turned bearish on American Express Co. (AXP), as he believes the credit card and travel-services company will be weighed down the deterioration in the outlook for consumer finance. Shane cut his rating to underweight from neutral, while trimming his stock price target to $97 from $100. Shane said he previously focused on the severity of job losses in gauging the outlook for consumer finance, and the losses appear to be better than feared. Shane said, however, that the outlook may be more about the duration of the downturn, as the "passage of time" acts as a multiplier that compounds the downturn. "With [COVID-19] case rates still spiking in the three most populous states, it appears the pandemic impact on spending and credit is now likely to extend deeper into 2021," Shane wrote in a note to clients. For American Express, he said high-income consumers are likely to reduce discretionary spending and leisure travel spending, and corporate travel and expense are likely to remain pressured into the first half of 2021. Shane also downgraded Santander Consumer USA Holdings Inc. (SC) to underweight and SLM Corp. (SLM) and Synchrony Financial (SYF) to neutral, while upgrading Ally Financial Inc. (ALLY) and NMI Holdings Inc. (NMIH) to overweight. AmEx's stock, which rose 1.5% in premarket trading, has lost 23.8% year to date through Tuesday, while the Dow Jones Industrial Average has slipped 6.6%.

-Tomi Kilgore; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

July 15, 2020 08:58 ET (12:58 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

Earnings Calendar and Events Data provided by |Terms of Use| © 2020 Wall Street Horizon, Inc.

Market data accompanied by is delayed by at least 15 minutes for NASDAQ, NYSE MKT, NYSE, and options. Duration of the delay for other exchanges varies.
Market data and information provided by Morningstar.

Options are not suitable for all investors as the special risks inherent to options trading may expose investors to potentially rapid and substantial losses.
Please read Characteristics and Risks of Standard Options before investing in options.

Information and news provided by ,, , Computrade Systems, Inc., , and

Copyright © 2020. All rights reserved.