Cannabis Stock Gainers And Losers From February 5, 2024
Portfolio Pulse from Benzinga Insights
The article provides a detailed list of cannabis stock gainers and losers for February 5, 2024, highlighting significant movements in the market. Notable gainers include Tony G Co-Investment and Maple Leaf Green World, with increases of 81.16% and 45.45% respectively. On the losing end, EVIO led with a 99% decrease. Major US-listed companies mentioned include Eastside Distilling, Neptune Wellness Solutions, Village Farms International, Scotts Miracle-Gro, GrowGeneration, Innovative Industrial Properties, Canopy Growth, Tilray Brands, and Urban-gro.
February 05, 2024 | 9:30 pm
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NEGATIVE IMPACT
Canopy Growth shares closed down 3.66% at $4.47.
The decline in Canopy Growth's stock price indicates a cautious or negative investor sentiment, likely affecting its short-term performance.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
GrowGeneration shares closed down 4.58% at $2.29.
The decrease in GrowGeneration's stock price could indicate a bearish outlook, affecting short-term performance.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 80
NEGATIVE IMPACT
Innovative Industrial Properties shares closed down 3.71% at $90.85.
The drop in Innovative Industrial Properties' stock price reflects a negative market reaction, possibly leading to short-term challenges.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Scotts Miracle-Gro shares closed down 6.81% at $53.53.
The decline in Scotts Miracle-Gro's stock price suggests negative market sentiment, potentially leading to further short-term losses.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Tilray Brands shares closed down 3.46% at $1.81.
The decrease in Tilray Brands' stock price could reflect mixed market sentiment, potentially impacting its short-term trajectory.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Urban-gro shares closed down 3.72% at $1.81.
The decline in Urban-gro's stock price suggests a slight market setback, potentially influencing its short-term outlook.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 80
POSITIVE IMPACT
Eastside Distilling shares closed up 13.84% at $1.22.
The significant increase in Eastside Distilling's stock price indicates positive market sentiment, likely to continue in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Neptune Wellness Solutions shares closed up 6.55% at $0.53.
The increase in Neptune Wellness Solutions' stock price reflects a positive market response, suggesting a potential short-term upward trend.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 80
POSITIVE IMPACT
Village Farms International shares closed up 4.18% at $0.89.
The positive movement in Village Farms International's stock price could indicate a favorable short-term outlook for investors.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 80