Cannabis Stock Movers For November 27, 2023
Portfolio Pulse from Benzinga Insights
On November 27, 2023, several cannabis stocks experienced significant price movements. EVIO led the gainers with a 9900.00% increase, while Cann Gr topped the losers with a 27.38% decline. Notable gainers included AusCann Group, Global Compliance, and Item 9 Labs, with increases of 212.50%, 66.67%, and 39.13% respectively. Among the losers, Rocky Mountain High, 1933 Industries, and iAnthus Capital Holdings saw declines of 21.21%, 15.00%, and 9.37%. Corbus Pharmaceuticals and Cara Therapeutics were notable NASDAQ-listed companies with gains and losses of 15.21% and 5.11% respectively.
November 27, 2023 | 9:30 pm
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POSITIVE IMPACT
Corbus Pharmaceuticals shares closed up 15.21% at $5.00, indicating a strong performance for the day.
The significant gain for Corbus Pharmaceuticals suggests positive investor sentiment and could lead to increased short-term interest in the stock.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Cara Therapeutics shares closed down 5.11% at $0.93, reflecting a negative trend for the day.
The decline in Cara Therapeutics' stock price could indicate market concerns or profit-taking, potentially leading to a bearish short-term outlook.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80