Bearish Thursday For Marijuana Stocks - iAnthus Capital Hldgs, TerrAscend Among Top Gainers
Portfolio Pulse from Benzinga Insights
Marijuana stocks experienced a bearish Thursday, with iAnthus Capital Hldgs and TerrAscend among the top losers. OrganiGram Holdings, Emeren Group, and Corbus Pharmaceuticals were the top gainers.
June 01, 2023 | 9:30 pm
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POSITIVE IMPACT
Corbus Pharmaceuticals shares closed up 3.38% at $9.79.
Corbus Pharmaceuticals was among the top gainers in the marijuana sector, which could indicate positive sentiment for the stock in the short term.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50
POSITIVE IMPACT
OrganiGram Holdings shares closed up 5.12% at $0.39.
OrganiGram Holdings was among the top gainers in the marijuana sector, which could indicate positive sentiment for the stock in the short term.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50
POSITIVE IMPACT
Emeren Group shares closed up 4.78% at $3.51.
Emeren Group was among the top gainers in the marijuana sector, which could indicate positive sentiment for the stock in the short term.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50
NEGATIVE IMPACT
Curaleaf Holdings shares closed down 3.85% at $2.75.
Curaleaf Holdings was among the top losers in the marijuana sector, which could indicate negative sentiment for the stock in the short term.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50
NEGATIVE IMPACT
4Front Ventures shares closed down 3.03% at $0.16.
4Front Ventures was among the top losers in the marijuana sector, which could indicate negative sentiment for the stock in the short term.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50
NEGATIVE IMPACT
Green Thumb Industries shares closed down 3.27% at $7.40.
Green Thumb Industries was among the top losers in the marijuana sector, which could indicate negative sentiment for the stock in the short term.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50
NEGATIVE IMPACT
iAnthus Capital Hldgs shares closed down 18.18% at $0.02.
iAnthus Capital Hldgs was among the top losers in the marijuana sector, with a significant drop of 18.18%, which could indicate strong negative sentiment for the stock in the short term.
CONFIDENCE 90
IMPORTANCE 100
RELEVANCE 100
NEGATIVE IMPACT
Trulieve Cannabis shares closed down 4.45% at $4.08.
Trulieve Cannabis was among the top losers in the marijuana sector, which could indicate negative sentiment for the stock in the short term.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50
NEGATIVE IMPACT
TerrAscend shares closed down 5.99% at $1.57.
TerrAscend was among the top losers in the marijuana sector, with a significant drop of 5.99%, which could indicate strong negative sentiment for the stock in the short term.
CONFIDENCE 90
IMPORTANCE 100
RELEVANCE 100