Cannabis Stock Gainers And Losers From May 28, 2024
Portfolio Pulse from Benzinga Insights
The article reports on the performance of various cannabis stocks on May 28, 2024. Notable gainers include Heritage Cannabis Holding, Global Compliance, and Urban-gro, while significant losers include Target Group, Elixinol Wellness, and Canopy Growth.
May 28, 2024 | 8:30 pm
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NEGATIVE IMPACT
Aurora Cannabis shares closed down 4.24% at $6.31, showing negative market sentiment.
The drop in Aurora Cannabis' stock price suggests a negative outlook from investors.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Canopy Growth shares closed down 7.95% at $8.48, indicating negative market sentiment.
The significant drop in Canopy Growth's stock price suggests strong negative sentiment and potential underlying issues.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90
NEGATIVE IMPACT
Corbus Pharmaceuticals shares closed down 5.18% at $42.69, reflecting negative market sentiment.
The decline in Corbus Pharmaceuticals' stock price indicates negative investor sentiment.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
Greenlane Holdings shares closed down 3.21% at $0.52, indicating slight negative sentiment.
The slight decrease in Greenlane Holdings' stock price reflects a mildly negative investor sentiment.
CONFIDENCE 75
IMPORTANCE 50
RELEVANCE 60
POSITIVE IMPACT
Urban-gro shares closed up 10.05% at $1.61, indicating positive market sentiment.
Urban-gro's significant price increase suggests strong investor confidence and potential positive developments in the company.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
22nd Century Group shares closed up 3.23% at $1.27, showing slight positive movement.
The slight increase in 22nd Century Group's stock price suggests a mildly positive investor sentiment.
CONFIDENCE 70
IMPORTANCE 40
RELEVANCE 50
POSITIVE IMPACT
cbdMD shares closed up 4.80% at $0.68, reflecting moderate positive sentiment.
The moderate increase in cbdMD's stock price indicates a positive but cautious investor outlook.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 60