Why Hexo Was Sinking on Thursday

Investors weren’t catching Hexo’s (NASDAQ:HEXO) buzz on Thursday. The marijuana stock was down by over 6% in late afternoon trading, in an apparent reaction to the appointment of a new company executive.

So what

That new Hexo executive is Guillaume Jou毛t, who is taking the role of chief people and culture officer at the Canadian marijuana company. He will formally begin his tenure on Sept. 8.

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