Cannabis Stock Gainers And Losers From March 28, 2024
Portfolio Pulse from Benzinga Insights
The article reports significant movements in cannabis stocks on March 28, 2024, listing both gainers and losers. Encompass Health (EHC) and Eastside Distilling (EAST) were among the gainers, while Urban-gro (UGRO), 22nd Century Group (XXII), Canopy Growth (CGC), Aurora Cannabis (ACB), GrowGeneration (GRWG), SNDL Inc. (SNDL), OrganiGram Holdings (OGI), and Village Farms International (VFF) were notable losers.
March 28, 2024 | 8:30 pm
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NEGATIVE IMPACT
Aurora Cannabis shares closed down 8.00% at $4.39.
The drop in ACB's stock price suggests a negative outlook, which may continue to impact its short-term market performance.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Canopy Growth shares closed down 9.95% at $8.63.
CGC's significant price drop reflects negative investor sentiment, potentially leading to further declines in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
GrowGeneration shares closed down 7.87% at $2.86.
GRWG's decline indicates a bearish sentiment among investors, likely affecting its short-term price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
OrganiGram Holdings shares closed down 6.32% at $2.15.
OGI's stock price drop suggests a bearish trend, likely impacting its short-term performance negatively.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
SNDL Inc. shares closed down 7.34% at $2.00.
The decrease in SNDL's stock price reflects a negative market reaction, potentially leading to further short-term declines.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Urban-gro shares fell by 20.66% to close at $1.37.
The significant drop in UGRO's stock price suggests negative market sentiment, which may persist in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Village Farms International shares closed down 3.42% at $1.24.
The decline in VFF's stock price indicates a negative sentiment, which may continue in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
22nd Century Group shares decreased by 12.55% to close at $0.12.
The decline in XXII's stock price indicates a bearish trend, likely affecting its short-term performance.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Eastside Distilling shares increased by 6.38% to close at $0.99.
The rise in EAST's stock price reflects a bullish outlook, potentially leading to further gains in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Encompass Health shares rose by 6.47% to close at $82.58.
The significant rise in EHC's stock price indicates positive investor sentiment, likely to continue in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80