Marijuana Stock Movers For June 20, 2024
Portfolio Pulse from Benzinga Insights
On June 20, 2024, several marijuana stocks experienced significant price movements. Notable gainers included Global Hemp Group, Belgravia Hartford Cap, and Psychemedics, while major losers included AusCann Group Holdings, SOL Glb Inv, and Greenlane Holdings.
June 20, 2024 | 8:30 pm
News sentiment analysis
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NEGATIVE IMPACT
Aurora Cannabis shares closed down 3.90% at $5.52, indicating a slight decline in investor sentiment.
The 3.90% decrease in Aurora Cannabis' stock price suggests a slight decline in investor confidence, possibly due to broader market trends or company-specific news.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
Greenlane Holdings shares closed down 13.12% at $0.41, indicating negative investor sentiment.
The 13.12% decrease in Greenlane Holdings' stock price suggests a significant drop in investor confidence, possibly due to negative news or performance.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
GrowGeneration shares closed down 5.39% at $2.28, indicating a moderate decline in investor sentiment.
The 5.39% decrease in GrowGeneration's stock price indicates a moderate decline in investor confidence, which could be due to market conditions or company-specific issues.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
Psychemedics shares closed up 7.23% at $2.29, indicating positive investor sentiment.
The 7.23% increase in Psychemedics' stock price suggests strong investor confidence, likely driven by positive news or performance.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80