Cannabis Stock Gainers And Losers From June 11, 2024
Portfolio Pulse from Benzinga Insights
The article highlights the top gainers and losers among cannabis stocks on June 11, 2024. Notable gainers include Heritage Cannabis Holding, Elixinol Wellness, and Corbus Pharmaceuticals, while significant losers include Global Compliance, 1933 Industries, and Cara Therapeutics.
June 11, 2024 | 8:30 pm
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POSITIVE IMPACT
Corbus Pharmaceuticals shares closed up 14.68% at $50.31, indicating strong investor interest.
The significant price increase suggests positive sentiment and potential future gains.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
GrowGeneration shares closed up 4.71% at $2.66, indicating a slight positive movement.
The slight increase reflects a generally positive market sentiment.
CONFIDENCE 75
IMPORTANCE 40
RELEVANCE 50
POSITIVE IMPACT
Psychemedics shares closed up 11.01% at $2.26, reflecting positive market sentiment.
The price increase indicates growing investor confidence in the company.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
22nd Century Group shares closed up 6.17% at $0.73, showing moderate gains.
The moderate gain suggests a positive but cautious investor outlook.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 60
NEGATIVE IMPACT
Cara Therapeutics shares closed down 4.71% at $0.66, indicating a negative market reaction.
The price decrease suggests negative sentiment and potential future declines.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
Greenlane Holdings shares closed down 4.30% at $0.49, reflecting a slight negative trend.
The slight decline indicates a cautious investor outlook.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 60