Cannabis Stock Gainers And Losers From May 25, 2023
Portfolio Pulse from Benzinga Insights
Cannabis stocks experienced mixed results on May 25, 2023, with 4Front Ventures (FFNTF) gaining 6.25% while several others, including Canopy Gwth (CGC) and BioHarvest Sciences (CNVCF), saw significant losses.
May 25, 2023 | 9:30 pm
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NEGATIVE IMPACT
Canopy Gwth (CGC) shares closed down 15.90% at $0.88 on May 25, 2023.
Canopy Gwth experienced a significant 15.90% decrease in share price, making it the biggest loser among the mentioned stocks. This negative performance could lead to short-term downward pressure on the stock.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
BioHarvest Sciences (CNVCF) shares closed down 8.54% at $0.15 on May 25, 2023.
BioHarvest Sciences saw an 8.54% decrease in share price, making it one of the top losers among the mentioned stocks. This negative performance could lead to short-term downward pressure on the stock.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
4Front Ventures (FFNTF) shares closed up 6.25% at $0.17 on May 25, 2023.
4Front Ventures was the only gainer mentioned in the article, with a significant 6.25% increase in share price. This positive performance could lead to short-term upward momentum for the stock.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100