Cannabis Stock Movers For May 24, 2024
Portfolio Pulse from Benzinga Insights
The article reports on the stock movements of various cannabis-related companies for May 24, 2024. Notable gainers include Corbus Pharmaceuticals (NASDAQ:CRBP) and Genetic Technologies (NASDAQ:GENE), while significant losers include Emeren Group (NYSE:SOL) and Psychemedics (NASDAQ:PMD).
May 24, 2024 | 8:30 pm
News sentiment analysis
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NEGATIVE IMPACT
Cara Therapeutics (NASDAQ:CARA) shares closed down 8.53% at $0.67.
CARA experienced a significant price decrease, indicating negative market sentiment.
CONFIDENCE 80
IMPORTANCE 55
RELEVANCE 65
NEGATIVE IMPACT
Psychemedics (NASDAQ:PMD) shares closed down 8.55% at $2.57.
PMD experienced a notable price decrease, suggesting negative investor sentiment.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
Emeren Group (NYSE:SOL) shares closed down 9.05% at $1.95.
SOL saw a significant price decrease, indicating negative market sentiment or news.
CONFIDENCE 85
IMPORTANCE 65
RELEVANCE 75
POSITIVE IMPACT
Aurora Cannabis (NASDAQ:ACB) shares closed up 3.26% at $6.66.
ACB saw a moderate price increase, indicating positive market sentiment.
CONFIDENCE 75
IMPORTANCE 50
RELEVANCE 60
POSITIVE IMPACT
Corbus Pharmaceuticals (NASDAQ:CRBP) shares closed up 8.80% at $45.02.
CRBP saw a significant price increase, indicating positive market sentiment or news.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Genetic Technologies (NASDAQ:GENE) shares closed up 7.80% at $2.14.
GENE experienced a notable price increase, suggesting positive investor sentiment.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 70