High Tide (HITI)
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High Tide Announces Launch of Queen of Bud Branded White Label Products in British Columbia, Alberta, Saskatchewan, Manitoba and Ontario
Prnewswire· 2024-09-12 10:00
This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated August 31, 2023, to its short form base shelf prospectus dated August 3, 2023. CALGARY, AB, Sept. 12, 2024 /PRNewswire/ - High Tide Inc. ("High Tide" or the "Company") (Nasdaq: HITI) (TSXV: HITI) (FSE: 2LYA), the high-impact, retail-forward enterprise built to deliver real-world value across every component of cannabis, announced today that its Canna Cabana retail cannabis stores in Britis ...
High Tide Inc. (HITI) Laps the Stock Market: Here's Why
ZACKS· 2024-09-11 22:56
High Tide Inc. (HITI) closed the most recent trading day at $2.22, moving +1.37% from the previous trading session. This change outpaced the S&P 500's 1.07% gain on the day. On the other hand, the Dow registered a gain of 0.31%, and the technology-centric Nasdaq increased by 2.17%. The company's stock has climbed by 11.17% in the past month, exceeding the Medical sector's gain of 3.34% and the S&P 500's gain of 2.92%. Market participants will be closely following the financial results of High Tide Inc. in i ...
Can HITI Stock Get a Boost From Bricks-and-Mortar Sales in Q3 Earnings?
ZACKS· 2024-09-09 15:15
High Tide (HITI) is set to release results for the third quarter of fiscal 2024 on Sept. 16 after market close. The prominent retail cannabis player posted breakeven earnings per share in the last reported quarter against the Zacks Consensus Estimate of a loss of 1 cent. The company topped earnings estimates in each of the trailing four quarters, the average surprise being 97.92%. During the third quarter of fiscal 2024, HITI stock declined 16.4% against the industry's 1.2% rise. Q3 Estimates for HITI For t ...
High Tide to Open Canna Cabana in Lucan, Ontario
Prnewswire· 2024-09-05 10:00
CALGARY, AB, Sept. 5, 2024 /PRNewswire/ - High Tide Inc. ("High Tide" or the "Company") (Nasdaq: HITI) (TSXV: HITI) (FSE: 2LYA), the high-impact, retail-forward enterprise built to deliver real-world value across every component of cannabis, announced today that its Canna Cabana retail cannabis store located at 389 Main Street, Lucan, Ontario will begin selling recreational cannabis products and consumption accessories for adult use tomorrow, September 6. This opening will mark High Tide's 183rd Canna Caban ...
High Tide to Launch Next-Gen Canna Cabana 2.0 Website
Prnewswire· 2024-09-03 10:00
CALGARY, AB, Sept. 3, 2024 /PRNewswire/ - High Tide Inc. ("High Tide" or the "Company") (Nasdaq: HITI) (TSXV: HITI) (FSE: 2LYA), the high-impact, retail-forward enterprise built to deliver real-world value across every component of cannabis, announced that at 8:00 PM Mountain Time tonight, it will re-launch the website of its flagship Canadian bricks-and-mortar retail brand, Canna Cabana, which represents more than 90 per cent of the Company's revenue. The new website features the latest tech, resulting in ...
High Tide Inc. (HITI) Ascends While Market Falls: Some Facts to Note
ZACKS· 2024-08-28 22:50
The latest trading session saw High Tide Inc. (HITI) ending at $1.92, denoting a +1.59% adjustment from its last day's close. The stock outpaced the S&P 500's daily loss of 0.6%. On the other hand, the Dow registered a loss of 0.39%, and the technology-centric Nasdaq decreased by 1.12%. Prior to today's trading, shares of the company had gained 3.28% over the past month. This has lagged the Medical sector's gain of 4.78% and outpaced the S&P 500's gain of 3.15% in that time. The investment community will be ...
Is High Tide (HITI) a Buy as Wall Street Analysts Look Optimistic?
ZACKS· 2024-08-28 14:30
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important? Let's take a look at what these Wall Street heavyweights have to say about High Tide Inc. (HITI) before we discuss the reliability of brokerage recommendations and how to use them to your advantage. High Tide currently has an average brokerage recommenda ...
High Tide to Announce Third Fiscal Quarter 2024 Financial Results
Prnewswire· 2024-08-22 10:00
High Tide Continues to Grow its Presence in Mississauga with the Opening of its Seventh Canna Cabana in Ontario's Third Largest City CALGARY, AB, Aug. 22, 2024 /PRNewswire/ - High Tide Inc. ("High Tide" or the "Company") (Nasdaq: HITI) (TSXV: HITI) (FSE: 2LYA), the high-impact, retail-forward enterprise built to deliver real-world value across every component of cannabis, announced today that it will release its financial and operational results for the quarter ended July 31, 2024, after financial markets c ...
High Tide Inc. (HITI) Rises Higher Than Market: Key Facts
ZACKS· 2024-08-21 22:45
In the latest market close, High Tide Inc. (HITI) reached $1.99, with a +1.53% movement compared to the previous day. The stock outpaced the S&P 500's daily gain of 0.42%. Meanwhile, the Dow gained 0.14%, and the Nasdaq, a tech-heavy index, added 0.57%. The company's stock has climbed by 1.03% in the past month, falling short of the Medical sector's gain of 4.9% and the S&P 500's gain of 1.77%. The investment community will be paying close attention to the earnings performance of High Tide Inc. in its upcom ...
Brokers Suggest Investing in High Tide (HITI): Read This Before Placing a Bet
ZACKS· 2024-08-12 14:36
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though? Let's take a look at what these Wall Street heavyweights have to say about High Tide Inc. (HITI) before we discuss the reliability of brokerage recommendations and how to use them to your advantage. High Tide currently has a ...