Cannabis Stock Gainers And Losers From June 8, 2023
Portfolio Pulse from Benzinga Insights
Cannabis stocks experienced significant losses on June 8, 2023, with iAnthus Capital Hldgs, GrowGeneration, 22nd Century Group, Canopy Gwth, Cara Therapeutics, MariMed, and Tilray Brands all closing down.
June 08, 2023 | 9:30 pm
News sentiment analysis
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NEGATIVE IMPACT
Cara Therapeutics shares closed down 3.83% at $3.26.
Cara Therapeutics' 3.83% decline suggests a negative sentiment towards the stock in the short term, but not as significant as iAnthus Capital Hldgs or GrowGeneration.
CONFIDENCE 90
IMPORTANCE 50
RELEVANCE 100
NEGATIVE IMPACT
Canopy Gwth shares closed down 3.97% at $0.69.
Canopy Gwth's 3.97% decline indicates a negative sentiment towards the stock in the short term, but not as significant as iAnthus Capital Hldgs or GrowGeneration.
CONFIDENCE 90
IMPORTANCE 50
RELEVANCE 100
NEGATIVE IMPACT
GrowGeneration shares closed down 5.20% at $3.83.
GrowGeneration's 5.20% decline indicates a negative sentiment towards the stock in the short term, although not as severe as iAnthus Capital Hldgs.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100
NEGATIVE IMPACT
iAnthus Capital Hldgs shares closed down 16.67% at $0.01.
iAnthus Capital Hldgs experienced the largest percentage drop among the mentioned cannabis stocks, which indicates a strong negative sentiment towards the stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
MariMed shares closed down 3.50% at $0.41.
MariMed's 3.50% decline indicates a negative sentiment towards the stock in the short term, but not as significant as iAnthus Capital Hldgs or GrowGeneration.
CONFIDENCE 90
IMPORTANCE 50
RELEVANCE 100
NEGATIVE IMPACT
Tilray Brands shares closed down 3.47% at $1.67.
Tilray Brands' 3.47% decline suggests a negative sentiment towards the stock in the short term, but not as significant as iAnthus Capital Hldgs or GrowGeneration.
CONFIDENCE 90
IMPORTANCE 50
RELEVANCE 100
NEGATIVE IMPACT
22nd Century Group shares closed down 4.39% at $0.61.
22nd Century Group's 4.39% decline suggests a negative sentiment towards the stock in the short term, but not as significant as iAnthus Capital Hldgs or GrowGeneration.
CONFIDENCE 90
IMPORTANCE 50
RELEVANCE 100