Marijuana Stock Movers For May 30, 2024
Portfolio Pulse from Benzinga Insights
The article reports on the stock movements of various marijuana-related companies for May 30, 2024. Notable gainers include RIV Capital, Cansortium, Heritage Cannabis Holding, and Eastside Distilling. Significant losers include Affinor Growers, 1933 Industries, CLS Holdings USA, and 22nd Century Group.
May 30, 2024 | 8:30 pm
News sentiment analysis
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NEGATIVE IMPACT
Corbus Pharmaceuticals shares closed down 4.60% at $41.50, showing a slight negative trend.
The decrease in Corbus Pharmaceuticals' stock price suggests a minor negative trend, potentially leading to further short-term declines.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 100
NEGATIVE IMPACT
Urban-gro shares closed down 3.85% at $1.49, indicating a slight negative movement.
Urban-gro's slight decline in stock price suggests a minor negative sentiment, which may continue in the short term.
CONFIDENCE 75
IMPORTANCE 50
RELEVANCE 100
NEGATIVE IMPACT
22nd Century Group shares closed down 8.13% at $1.08, reflecting negative investor sentiment.
The decline in 22nd Century Group's stock price indicates negative sentiment, which may lead to further short-term declines.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Eastside Distilling shares closed up 26.52% at $1.19, indicating strong positive momentum.
Eastside Distilling's significant price increase suggests strong investor interest and positive sentiment, likely leading to continued short-term gains.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100