Cannabis Stock Gainers And Losers From July 3, 2024
Portfolio Pulse from Benzinga Insights
On July 3, 2024, several cannabis stocks experienced significant price movements. Notable gainers included Kaya Holdings (OTC:KAYS) with a 154.44% increase and Aurora Cannabis (NASDAQ:ACB) with an 8.42% increase. Among the losers, GreenGro Technologies (OTC:GRNH) saw a 90.00% decline. The article highlights the performance of various cannabis-related stocks.
July 05, 2024 | 2:59 pm
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POSITIVE IMPACT
Aurora Cannabis (NASDAQ:ACB) shares closed up 8.42% at $4.90, indicating positive market sentiment.
The 8.42% increase in ACB's share price suggests strong investor confidence and positive market sentiment towards the company.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Canopy Growth (NASDAQ:CGC) shares closed up 4.63% at $6.49, showing a positive trend.
The 4.63% increase in CGC's share price indicates a favorable outlook from investors.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
Greenlane Holdings (NASDAQ:GNLN) shares closed up 5.99% at $0.27, showing positive investor sentiment.
The 5.99% increase in GNLN's share price suggests positive market sentiment.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 60
POSITIVE IMPACT
OrganiGram Holdings (NASDAQ:OGI) shares closed up 6.04% at $1.59, reflecting a positive trend.
The 6.04% rise in OGI's share price indicates a favorable outlook from investors.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
Tilray Brands (NASDAQ:TLRY) shares closed up 4.85% at $1.73, indicating a positive market reaction.
The 4.85% rise in TLRY's share price reflects positive investor sentiment.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
GreenGro Technologies (OTC:GRNH) shares closed down 90.00% at $1e-06, indicating a severe decline.
The 90.00% decline in GRNH's share price suggests significant negative sentiment and potential underlying issues.
CONFIDENCE 95
IMPORTANCE 80
RELEVANCE 90