What's Going On With Canopy Growth Shares Today?
Portfolio Pulse from Erica Kollmann
Canopy Growth Corporation (NASDAQ:CGC) shares are trading higher after falling nearly 40% over the last five days. The cannabis sector has seen renewed interest due to recent news items, including a recommendation to reschedule marijuana and potential banking reform. Canopy Growth shares are up on heavy trading volume, with more than 42.5 million shares traded in the session.
September 22, 2023 | 3:50 pm
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Canopy Growth Corporation's stock is trading higher due to renewed interest in the cannabis sector and heavy trading volume. The stock remains up 75% for the month despite a recent 40% drop.
The stock is trading higher due to renewed interest in the cannabis sector following news of potential regulatory changes and heavy trading volume. Despite a recent drop, the stock remains up for the month, indicating strong investor interest.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100