Cannabis Stock Gainers And Losers From March 7, 2024
Portfolio Pulse from Benzinga Insights
On March 7, 2024, several cannabis stocks experienced significant price movements. Notable gainers included AusCann Group Holdings, Elixinol Wellness, and Rocky Mountain High, with increases of 766.67%, 75.49%, and 66.67% respectively. Corbus Pharmaceuticals and Emeren Group also saw notable gains on NASDAQ and NYSE. Conversely, Global Hemp Group led the losers with a 48.89% decrease, followed by Item 9 Labs and Global Compliance. Other significant losers included 22nd Century Group and Neptune Wellness Solutions on NASDAQ.
March 07, 2024 | 9:30 pm
News sentiment analysis
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NEGATIVE IMPACT
Neptune Wellness Solutions shares closed down 5.00% at $0.19.
The 5.00% drop in Neptune Wellness Solutions' stock price reflects negative investor sentiment, which may continue to affect the stock in the short term.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 90
NEGATIVE IMPACT
22nd Century Group shares closed down 9.44% at $0.15.
The 9.44% decrease in 22nd Century Group's stock price indicates negative market sentiment, potentially leading to further short-term declines.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 90
POSITIVE IMPACT
Corbus Pharmaceuticals shares closed up 20.07% at $40.32.
The significant price increase of 20.07% for Corbus Pharmaceuticals indicates strong investor confidence and positive market sentiment, likely to continue in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Emeren Group shares closed up 7.92% at $2.18.
Emeren Group's 7.92% increase reflects positive investor sentiment, suggesting potential for continued short-term growth.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 90