Cannabis Stock Gainers And Losers From February 20, 2024
Portfolio Pulse from Benzinga Insights
Cannabis stocks experienced significant movements on February 20, 2024, with Aurora Cannabis leading the gainers with a 790.59% increase, while GreenGro Technologies led the losers with a 99.00% decrease. Other notable movements include AusCann Group and Maple Leaf Green World with substantial gains, and SNDL, Canopy Growth, and Tilray Brands among the notable losers.
February 20, 2024 | 9:30 pm
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NEGATIVE IMPACT
Canopy Growth shares decreased by 6.81% to $3.56.
A 6.81% drop in stock price indicates negative market reaction or company-specific issues, potentially affecting short-term performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Cronos Group shares closed down 3.08% at $2.20.
The 3.08% decrease in Cronos Group's stock price might be due to market volatility or specific challenges facing the company, affecting its short-term outlook.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
NEGATIVE IMPACT
GrowGeneration shares decreased by 3.90% to $2.22.
A 3.90% decline in GrowGeneration's stock price suggests a negative market or company-specific event, potentially affecting its short-term stock performance.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
NEGATIVE IMPACT
SNDL shares fell 8.72% to close at $1.36.
An 8.72% decrease in stock price reflects negative sentiment or developments, potentially impacting investor confidence in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Tilray Brands shares declined 5.74% to $1.81.
The 5.74% decrease in Tilray's stock price could reflect market adjustments or concerns specific to the company, impacting its short-term outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Aurora Cannabis shares surged 790.59% to close at $3.50.
A 790.59% increase in stock price is a significant positive movement, indicating strong investor confidence and potentially positive developments within the company.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100