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Can HEXO Regain Its Mojo?

TheMotleyFool

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The stock market has pummeled shares of HEXO (NYSE: HEXO) since the licensed Canadian producer told investors that it sold far less marijuana during the three months ended July 31, 2019, than expected. This marijuana stock was already having a rough time and the surprising lack of sales during its fiscal fourth quarter didn't help.

HEXO shares have lost more than half their value since the company listed on a major U.S. exchange last July. Can this embattled marijuana stock bounce back?

Image source: Getty Images.

Source Fool.com

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