Marijuana Stock Movers For June 7, 2024
Portfolio Pulse from Benzinga Insights
The article reports on the stock movements of various marijuana-related companies for June 7, 2024. Notable gainers include CordovaCann, Cansortium, and Psychemedics, while significant losers include AusCann Group Holdings, Greenlane Holdings, and Corbus Pharmaceuticals.
June 07, 2024 | 8:30 pm
News sentiment analysis
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NEGATIVE IMPACT
Aurora Cannabis shares closed down 3.83% at $5.68, reflecting a slight negative sentiment.
The 3.83% decrease in Aurora Cannabis' stock price indicates a slight negative sentiment, likely leading to a short-term downward trend.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 80
NEGATIVE IMPACT
Corbus Pharmaceuticals shares closed down 5.30% at $44.13, indicating a negative investor outlook.
The 5.30% decrease in Corbus Pharmaceuticals' stock price suggests a negative investor outlook, likely leading to a short-term downward trend.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Greenlane Holdings shares closed down 12.21% at $0.52, reflecting negative market reaction.
The 12.21% decrease in Greenlane Holdings' stock price indicates a negative market reaction, likely leading to a short-term downward trend.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Psychemedics shares closed up 3.64% at $2.25, indicating positive investor sentiment.
The 3.64% increase in Psychemedics' stock price suggests positive investor sentiment, likely leading to a short-term upward trend.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80