The Latest Breaking News from Cronos

Ginkgo Bioworks Holdings Inc (NYSE: DNA) shares are trading higher by 7.63% to $2.68 after the company, and Cronos Group Inc (NASDAQ: CRON), announced the achievement of the third target productivity milestone in their par

Cronos's (CRYPTO: CRO) price has decreased 4.97% over the past 24 hours to $0.11, continuing its downward trend over the past week of -39.0%, moving from $0.18 to its current price.

Pulled from Benzinga Pro here's the list of the top crypto gainers and losers at the time of publication:

Over the past 24 hours, Cronos's (CRYPTO: CRO) price has risen 7.36% to $0.24. This is contrary to its negative trend over the past week where it has experienced a 20.0% loss, moving from $0.29 to its current price. As it stands right now, the coin's all-time high is $0.97.

Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) reported Tuesday its 2022 first quarter business results with net revenue growth of 101.61% year-over-year, due to the revenue improvements in the Israeli medical market and the Canadian adult-use market.

Cronos's (CRYPTO: CRO) price has increased 8.36% over the past 24 hours to $0.29, which is in the opposite direction of its trend over the past week, where it has experienced a 24.0% loss, moving from $0.38 to its current price.

Crypto.com has opted to reverse its decision to slash card staking entirely after backlash from the cryptocurrency community. What Happened: On Monday, Singapore-based cryptocurrency exchange Crypto.com said it would reduce the rewards on its visa-based cards.  

Over the past 24 hours, Cronos's (CRYPTO: CRO) price has fallen 15.5% to $0.29. This continues its negative trend over the past week where it has experienced a 25.0% loss, moving from $0.39 to its current price.

Investors who bought stocks during the COVID-19 market crash in 2020 have generally experienced some big gains in the past two years. But there is no question some big-name stocks performed better than others since the pandemic bottom.