Bearish Friday For Marijuana Stocks - Global Compliance, 1933 Industries Among Top Gainers
Portfolio Pulse from Benzinga Insights
Marijuana stocks experienced a bearish Friday with notable gainers and losers. Corbus Pharmaceuticals (NASDAQ:CRBP) and Cara Therapeutics (NASDAQ:CARA) were among the few US-listed companies mentioned, with CRBP closing up 3.12% and CARA closing down 8.77%.
June 28, 2024 | 8:30 pm
News sentiment analysis
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NEGATIVE IMPACT
Cara Therapeutics (NASDAQ:CARA) shares closed down 8.77% at $0.26, reflecting a negative short-term outlook.
CARA's share price decrease of 8.77% indicates negative investor sentiment, likely leading to a short-term price decline.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
POSITIVE IMPACT
Corbus Pharmaceuticals (NASDAQ:CRBP) shares closed up 3.12% at $45.25, indicating a positive short-term sentiment among investors.
CRBP's share price increase of 3.12% suggests positive investor sentiment, likely leading to a short-term price increase.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50