Marijuana Stock Movers For July 22, 2024
Portfolio Pulse from Benzinga Insights
On July 22, 2024, several marijuana stocks experienced significant price movements. Notable gainers included Leafbuyer Techs (OTC:LBUY) with a 3900% increase, Canopy Growth (NASDAQ:CGC) up 17.25%, and GrowGeneration (NASDAQ:GRWG) up 13.03%. Among the losers, Pharmadrug (OTC:LMLLF) fell by 31.25%, and 22nd Century Group (NASDAQ:XXII) dropped by 9.87%.
July 22, 2024 | 8:30 pm
News sentiment analysis
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POSITIVE IMPACT
Aurora Cannabis (NASDAQ:ACB) shares rose by 8.87% to $6.25, indicating positive market sentiment.
The 8.87% increase in share price reflects positive investor sentiment towards Aurora Cannabis.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 60
POSITIVE IMPACT
Canopy Growth (NASDAQ:CGC) shares closed up 17.25% at $8.35, indicating strong investor interest.
The significant price increase suggests positive sentiment and strong investor interest in Canopy Growth.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
GrowGeneration (NASDAQ:GRWG) shares rose by 13.03% to $2.66, reflecting positive market sentiment.
The 13.03% increase in share price indicates a favorable outlook from investors.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
SNDL (NASDAQ:SNDL) shares increased by 9.66% to $2.27, showing positive investor sentiment.
The 9.66% rise in share price suggests positive market sentiment towards SNDL.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 60
POSITIVE IMPACT
Tilray Brands (NASDAQ:TLRY) shares closed up 6.70% at $1.92, showing positive investor sentiment.
The 6.70% increase in share price indicates positive market sentiment towards Tilray Brands.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 60
NEGATIVE IMPACT
22nd Century Group (NASDAQ:XXII) shares fell by 9.87% to $0.74, indicating negative investor sentiment.
The 9.87% decrease in share price suggests negative sentiment and potential concerns from investors.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 70