Marijuana Stock Movers For August 6, 2024
Portfolio Pulse from Benzinga Insights
On August 6, 2024, several marijuana stocks experienced significant price movements. Notable gainers included Elixinol Wellness, AusCann Group Holdings, and CNBX Pharmaceuticals, while Leafbuyer Techs and RIV Capital were among the biggest losers. The article highlights the performance of various US-listed companies and OTC stocks in the marijuana sector.
August 06, 2024 | 8:30 pm
News sentiment analysis
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NEGATIVE IMPACT
Corbus Pharmaceuticals shares closed down 4.67% at $52.94, reflecting negative market sentiment.
The decline in share price indicates negative market sentiment, potentially leading to further short-term declines.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50
NEGATIVE IMPACT
Encompass Health shares closed down 5.56% at $84.68, indicating negative investor sentiment.
The decrease in share price suggests negative investor sentiment, which could lead to further short-term declines.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50
POSITIVE IMPACT
Aurora Cannabis shares closed up 5.42% at $5.88, showing positive market reaction.
The rise in share price suggests positive market reaction, which could lead to further short-term gains.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50
POSITIVE IMPACT
Canopy Growth shares closed up 5.94% at $6.41, reflecting positive investor sentiment.
The positive movement in share price indicates favorable market conditions, potentially leading to further short-term gains.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50
POSITIVE IMPACT
Eastside Distilling shares closed up 6.44% at $0.80, showing positive investor sentiment.
The rise in share price suggests positive investor sentiment, which could lead to further short-term gains.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50
POSITIVE IMPACT
Greenlane Holdings shares closed up 6.48% at $2.59, reflecting a positive market reaction.
The positive movement in share price indicates favorable market conditions, potentially leading to further short-term gains.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50
POSITIVE IMPACT
Psychemedics shares closed up 6.66% at $1.81, indicating positive investor sentiment.
The increase in share price suggests positive investor sentiment, which could lead to further short-term gains.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50
POSITIVE IMPACT
Village Farms International shares closed up 6.08% at $1.00, indicating positive market sentiment.
The increase in share price suggests positive market sentiment, potentially leading to further short-term gains.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50