Cresco Labs Hits Day High with Strong 7.63% Intraday Surge

Cresco Labs, Inc., a small-cap player in the Other Agricultural Products industry, has shown significant activity today, gaining 7.63% as of February 24, 2026. The stock reached an intraday high of CAD 1.43, reflecting a notable uptick in performance compared to the S&P/TSX 60, which only saw a 0.51% increase on the same day. Despite this daily gain, Cresco Labs has faced challenges in the longer term. Over the past month, the stock has declined by 17.54%, and its year-to-date performance stands at -15.06%. In the last year, Cresco Labs has generated a return of -54.26%, significantly underperforming the S&P/TSX 60, which has risen by 27.5% during the same period. Key financial metrics indicate a low Return on Capital Employed (ROCE) of 6.77%, suggesting limited profitability relative to total capital. The company also reported a net profit loss of CAD 22.62 million, highlighting ongoing financial difficulties. With a market capitalization of CAD 620 million, Cresco Labs continues to navigate a challenging landscape in the agricultural sector.