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Bonno

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Bonno

Re: None

Saturday, 06/18/2022 10:06:59 AM

Saturday, June 18, 2022 10:06:59 AM

Post# of 15975
Alex The Chemist ????
@AlexTheChemist
·
3h
Hexo thread worth reading for perspective on their downfall from an industry leader to life support. Over billion and a half dollars evaporated through bad mergers and decisions, market share loss, hundreds of jobs lost. Hard to read without cringing.
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Matt Lamers ????
@matt_lamers
· Jun 15
NEW: $HEXO lost another $147 million in its latest quarter, bringing aggregate losses since 2014 to $1.8 billion

Hexo's revenue plunged 14% sequentially to just $45.6 million in Q3.

?? Hexo "entirely withdrawing" its guidance on synergies and sales ??
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