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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 ...
High Tide Announces Closing of $15 Million in Subordinated Debt Facility
Prnewswire· 2024-08-02 18:05
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, Aug. 2, 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, is pleased to announce the initial closing of its previously disclosed s ...
High Tide Opens Four New Canna Cabana Stores in Alberta and Ontario
Prnewswire· 2024-07-31 10:00
Alberta Ontario "I can't think of a better way to end our third fiscal quarter than by announcing the opening of four new Canna Cabanas, bringing our ever-expanding store count to 180 across Canada and 65 in Ontario. Many of these new stores are part of our organic expansion strategy, which includes onboarding proven locations previously run by competitors through lease takeovers, resulting in minimal store buildout costs. Since January 1, we have already added 18 new Cabanas to our retail portfolio and are ...
High Tide Inc. (HITI) Suffers a Larger Drop Than the General Market: Key Insights
ZACKS· 2024-07-30 22:51
High Tide Inc. (HITI) ended the recent trading session at $1.83, demonstrating a -1.61% swing from the preceding day's closing price. The stock trailed the S&P 500, which registered a daily loss of 0.5%. Elsewhere, the Dow gained 0.5%, while the tech-heavy Nasdaq lost 1.28%. The the stock of company has fallen by 13.49% in the past month, lagging the Medical sector's gain of 0.74% and the S&P 500's gain of 0.1%. The upcoming earnings release of High Tide Inc. will be of great interest to investors. In that ...
High Tide Inc. (HITI) Stock Dips While Market Gains: Key Facts
ZACKS· 2024-07-29 22:56
The the stock of company has fallen by 14.48% in the past month, lagging the Medical sector's gain of 0.48% and the S&P 500's loss of 0.21%. HITI's full-year Zacks Consensus Estimates are calling for earnings of -$0.03 per share and revenue of $374.14 million. These results would represent year-over-year changes of +66.67% and +3.48%, respectively. Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To capitalize on this, we've crafte ...