Bearish Monday For Marijuana Stocks - EVIO, Item 9 Labs Among Top Gainers
Portfolio Pulse from Benzinga Insights
Marijuana stocks experienced a bearish Monday with several stocks seeing significant changes. Top gainers included Gaby, Panacea Life Sciences, Avicanna, SLANG Worldwide, and Grown Rogue International. Major losers included EVIO, Item 9 Labs, Target Group, Malachite Innovations, and Rocky Mountain High.
August 07, 2023 | 9:30 pm
News sentiment analysis
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NEGATIVE IMPACT
EVIO shares closed down 50.00%.
The drastic drop in EVIO's share price indicates a negative market reaction, which could lead to further short-term losses.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Item 9 Labs shares closed down 45.86%.
The significant decrease in Item 9 Labs' share price suggests a negative market sentiment, potentially leading to more short-term losses.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Gaby shares closed up 29.41%.
The significant increase in Gaby's share price indicates a positive market response, which could lead to further short-term gains.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Panacea Life Sciences shares closed up 26.00%.
The substantial rise in Panacea Life Sciences' share price suggests a positive market sentiment, potentially leading to more short-term gains.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100