Cannabis Stock Movers For July 30, 2024
Portfolio Pulse from Benzinga Insights
Cannabis stocks showed significant movement on July 30, 2024, with notable gainers including Elixinol Wellness, Pharmadrug, and Tilray Brands, while Maple Leaf Green World and CNBX Pharmaceuticals were among the biggest losers.
July 30, 2024 | 8:30 pm
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POSITIVE IMPACT
Canopy Growth shares increased by 3.26% to $7.60, showing moderate gains.
Canopy Growth's stock price increase suggests a positive outlook among investors.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 60
POSITIVE IMPACT
Corbus Pharmaceuticals shares rose by 7.13% to $59.62, reflecting positive market movement.
The rise in Corbus Pharmaceuticals' stock price indicates favorable investor sentiment.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
OrganiGram Holdings shares rose by 3.11% to $1.66, indicating slight positive movement.
OrganiGram Holdings' stock price increase reflects a modest positive sentiment.
CONFIDENCE 75
IMPORTANCE 40
RELEVANCE 50
POSITIVE IMPACT
Tilray Brands shares closed up 9.28% at $2.01, indicating strong investor interest.
Tilray Brands' significant price increase suggests positive market sentiment and potential short-term gains.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Mexco Energy shares decreased by 4.62% to $10.11, reflecting a downturn.
Mexco Energy's stock price drop indicates a negative market response.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 60
NEGATIVE IMPACT
Emeren Group shares fell by 6.78% to $1.65, indicating a negative market reaction.
The decline in Emeren Group's stock price suggests negative investor sentiment.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 70