Cannabis Stock Gainers And Losers From March 22, 2024
Portfolio Pulse from Benzinga Insights
Cannabis stocks experienced significant movements on March 22, 2024, with notable gainers including Canopy Growth, Aurora Cannabis, and SNDL, among others. Losers included Belgravia Hartford Cap, Heritage Cannabis Holding, and Elixinol Wellness. The movements reflect the volatile nature of the cannabis market.
March 22, 2024 | 9:30 pm
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NEGATIVE IMPACT
Belgravia Hartford Cap shares plummeted 48.61%, closing at $0.01.
The drastic decline in Belgravia Hartford Cap's stock price suggests significant negative sentiment or adverse developments for the company.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100
NEGATIVE IMPACT
Elixinol Wellness shares decreased by 21.37%, closing at $0.00.
Elixinol Wellness's decline indicates severe market challenges or negative investor sentiment towards the company.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 85
NEGATIVE IMPACT
Heritage Cannabis Holding shares fell 22.54%, ending at $0.01.
Heritage Cannabis Holding's significant loss reflects potential challenges or negative market perceptions facing the company.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 90
POSITIVE IMPACT
Aurora Cannabis shares increased by 22.14%, closing at $4.69.
Aurora Cannabis's notable gain reflects positive sentiment and potential growth opportunities within the cannabis industry.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 90
POSITIVE IMPACT
Canopy Growth shares surged 52.19%, closing at $6.94.
The significant surge in Canopy Growth's stock price indicates strong investor confidence and potential positive market developments for the company.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100
POSITIVE IMPACT
SNDL shares rose 20.83%, ending the day at $1.74.
SNDL's significant price increase is indicative of investor optimism and a potentially favorable outlook for the company.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 85