The 1 Word in GW Pharmaceuticals’ Q3 Update That Disappointed Investors

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The 1 Word in GW Pharmaceuticals' Q3 Update That Disappointed Investors

123rf.com / Nopporn Suntornpasert / ID 29653411 / Standard License.

When GW Pharmaceuticals (NASDAQ:GWPH) announced its fiscal third-quarter results on Monday, the company provided plenty of information about its performance during the quarter. There were at least 100 figures in those results, including third-quarter and year-to-date performance.

GW’s share price dropped around 3% in after-hours trading following the company’s release of its third-quarter results. However, it wasn’t any of the numbers in the update that caused this decline. Instead, one word caused investors’ disappointment.

That one word — October.

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