December 4, 2018 / 11:41 AM / 7 months ago

BUZZ- Cronos Group: Jumps on deal talks with Altria

** Canadian cannabis producer’s U.S.-listed shares jump 6.7 pct to $10.85 premarket, adding to Monday’s 11 pct gain following a Reuters report that Altria was in talks to buy co

** On Tuesday Cronos said Altria is in discussions about making a possible investment to diversify its business beyond traditional smokers

** MO is down 0.3 pct premarket at $55.55

** CRON is the 3rd biggest pct gainer among U.S. stocks before the bell and is one of the most heavily traded stocks

** CRON has risen 32 pct this year, while MO has fallen 22 pct (Reporting by Amy Caren Daniel in Bengaluru)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below