Cannabis Stock Gainers And Losers From July 24, 2024
Portfolio Pulse from Benzinga Insights
The article reports on the performance of various cannabis stocks on July 24, 2024. Notable gainers include Global Hemp Group, CordovaCann, and 22nd Century Group, while significant losers include Green Growth Brands, Leafbuyer Techs, and Canopy Growth.
July 24, 2024 | 8:30 pm
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POSITIVE IMPACT
Psychemedics shares closed up 3.52% at $2.24, reflecting a modest gain.
The modest gain indicates a positive but not overwhelming investor response.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 60
POSITIVE IMPACT
22nd Century Group shares closed up 4.77% at $0.72, indicating positive investor sentiment.
The stock's increase suggests positive investor sentiment, likely driven by favorable news or market conditions.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
cbdMD shares closed up 3.11% at $0.63, showing a slight positive movement.
The slight increase suggests a positive but limited impact on investor sentiment.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 60
NEGATIVE IMPACT
Aurora Cannabis shares closed down 5.38% at $5.76, reflecting a negative trend.
The negative trend indicates unfavorable investor sentiment, possibly due to adverse news or market conditions.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
Canopy Growth shares closed down 10.73% at $7.32, indicating significant negative sentiment.
The significant drop suggests strong negative sentiment, possibly due to unfavorable news or market conditions.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90
NEGATIVE IMPACT
Cronos Group shares closed down 4.42% at $2.37, indicating a decline.
The decline suggests negative investor sentiment, likely driven by adverse news or market conditions.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
GrowGeneration shares closed down 6.30% at $2.38, reflecting a notable decline.
The notable decline indicates negative investor sentiment, likely driven by adverse news or market conditions.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
Scotts Miracle Gro shares closed down 3.13% at $66.64, showing a slight decline.
The slight decline suggests a negative but limited impact on investor sentiment.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 60
NEGATIVE IMPACT
Tilray Brands shares closed down 4.76% at $1.79, showing a downward trend.
The downward trend suggests negative investor sentiment, possibly due to unfavorable news or market conditions.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 70