Marijuana Stock Movers For July 2, 2024
Portfolio Pulse from Benzinga Insights
The article reports on the stock movements of various marijuana-related companies for July 2, 2024. Notable gainers include GreenGro Technologies, CordovaCann, and 1933 Industries, while significant losers include AusCann Group Holdings, iAnthus Capital Holdings, and Greenlane Holdings.
July 02, 2024 | 8:30 pm
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POSITIVE IMPACT
Cara Therapeutics shares closed up 5.67% at $0.28, indicating a positive shift in investor sentiment.
The 5.67% increase in share price suggests a positive shift in investor sentiment, likely leading to a short-term upward trend.
CONFIDENCE 80
IMPORTANCE 55
RELEVANCE 50
POSITIVE IMPACT
Eastside Distilling shares closed up 7.29% at $0.97, indicating positive investor sentiment.
The 7.29% increase in share price suggests positive investor sentiment, likely leading to a short-term upward trend.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 50
POSITIVE IMPACT
Genetic Technologies shares closed up 6.38% at $1.37, reflecting a positive market reaction.
The 6.38% increase in share price indicates a positive market reaction, suggesting a short-term upward trend.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 50
POSITIVE IMPACT
Mexco Energy shares closed up 5.17% at $12.00, indicating positive investor sentiment.
The 5.17% increase in share price suggests positive investor sentiment, likely leading to a short-term upward trend.
CONFIDENCE 80
IMPORTANCE 55
RELEVANCE 50
NEGATIVE IMPACT
Greenlane Holdings shares closed down 11.48% at $0.26, reflecting negative investor sentiment.
The 11.48% decrease in share price indicates negative investor sentiment, suggesting a short-term downward trend.
CONFIDENCE 85
IMPORTANCE 65
RELEVANCE 50
NEGATIVE IMPACT
cbdMD shares closed down 3.45% at $0.56, reflecting a slight negative investor sentiment.
The 3.45% decrease in share price indicates a slight negative investor sentiment, suggesting a short-term downward trend.
CONFIDENCE 75
IMPORTANCE 50
RELEVANCE 50