Cannabis Stock Gainers And Losers From November 14, 2023
Portfolio Pulse from Benzinga Insights
The article reports on the significant price movements of various cannabis-related stocks on November 14, 2023. It lists the gainers and losers, with notable increases in stocks such as Global Hemp Group, Elixinol Wellness, and Village Farms Intl, and significant decreases in stocks like Affinor Growers and Rocky Mountain High. The article was generated by Benzinga's automated content engine and reviewed by an editor.
November 14, 2023 | 9:30 pm
News sentiment analysis
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NEGATIVE IMPACT
Cara Therapeutics shares saw a 5.08% decline, closing at $1.12, which could suggest short-term negative market sentiment or reactions to company news.
The drop in Cara Therapeutics' stock price might be attributed to negative investor sentiment or less favorable news, potentially leading to further short-term declines.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
Corbus Pharmaceuticals shares decreased by 3.63%, closing at $3.05, which may reflect investor caution or negative developments in the short term.
The decline in Corbus Pharmaceuticals' stock price suggests potential concerns or unfavorable news that could continue to impact the stock negatively in the short term.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
SNDL shares closed down 4.38% at $1.53, potentially reflecting short-term market concerns or negative news impacting investor sentiment.
The decrease in SNDL's stock price could be due to market reactions to company-specific news or broader sector challenges, which may result in continued short-term bearishness.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
cbdMD shares closed down 6.04% at $0.65, which may indicate negative sentiment or unfavorable developments affecting the stock in the short term.
The decline in cbdMD's stock price suggests that there may be negative news or a bearish outlook among investors, which could lead to further short-term downward pressure.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
Eastside Distilling shares increased by 6.60%, closing at $1.13, which could be a sign of investor confidence in the short term.
The increase in Eastside Distilling's stock price may suggest positive investor sentiment or favorable news, which could lead to continued short-term interest.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 60
POSITIVE IMPACT
Greenlane Holdings saw a 6.91% increase in its shares to close at $0.54, which may attract investor attention in the short term.
The rise in Greenlane Holdings' stock price could be indicative of market approval of recent company actions or general sector positivity, possibly leading to further short-term gains.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 60
POSITIVE IMPACT
GrowGeneration shares increased by 12.82%, closing at $2.20, which could indicate a bullish sentiment among investors in the short term.
The double-digit percentage gain for GrowGeneration could reflect positive developments or investor optimism, potentially leading to further short-term gains.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 80
POSITIVE IMPACT
Scotts Miracle Gro shares closed up 9.46% at $54.72, potentially reflecting positive market reception to company developments or broader sector movements.
The notable increase in Scotts Miracle Gro's stock price could be driven by positive news or investor confidence in the company's prospects, suggesting potential for continued short-term interest.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
Village Farms Intl shares surged 16.74% closing at $0.76, indicating strong performance which could attract investor interest in the short term.
The significant price increase suggests positive investor sentiment or favorable developments for Village Farms Intl, which could lead to continued short-term interest.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
22nd Century Group shares closed up 3.42% at $0.39, indicating a positive market reaction that could continue in the short term.
The uptick in 22nd Century Group's shares could reflect investor optimism or positive sector news, potentially leading to further short-term interest.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 60