Marijuana Stock Movers For August 20, 2024
Portfolio Pulse from Benzinga Insights
On August 20, 2024, several marijuana-related stocks experienced significant price movements. Notable gainers included Flowr, Pharmadrug, and Global Hemp Group, while significant losers included Blueberries Medical, Body and Mind, and MariMed. Emeren Group and Mexco Energy also saw notable gains.
August 20, 2024 | 8:30 pm
News sentiment analysis
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NEGATIVE IMPACT
Aurora Cannabis' stock fell by 6.60% to $6.34, indicating negative investor sentiment.
The decline in Aurora Cannabis' stock price suggests negative investor sentiment, potentially leading to further short-term declines.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
Greenlane Holdings' stock fell by 7.59% to $8.53, indicating negative investor sentiment.
The decline in Greenlane Holdings' stock price suggests negative investor sentiment, potentially leading to further short-term declines.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
GrowGeneration's stock decreased by 3.08% to $2.20, reflecting negative market sentiment.
GrowGeneration's stock decline indicates negative investor sentiment, suggesting potential for further short-term decreases.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
SNDL's stock fell by 3.18% to $2.13, indicating negative investor sentiment.
The decline in SNDL's stock price suggests negative investor sentiment, potentially leading to further short-term declines.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
Tilray Brands' stock decreased by 3.62% to $1.87, reflecting negative market sentiment.
Tilray Brands' stock decline indicates negative investor sentiment, suggesting potential for further short-term decreases.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
Urban-gro's stock decreased by 7.14% to $1.47, reflecting negative market sentiment.
Urban-gro's stock decline indicates negative investor sentiment, suggesting potential for further short-term decreases.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
Eastside Distilling's stock rose by 6.85% to $0.69, showing positive investor sentiment.
Eastside Distilling's stock increase suggests favorable investor sentiment, potentially leading to further short-term gains.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
Mexco Energy's stock increased by 15.37% to $12.95, reflecting strong market performance.
The substantial rise in Mexco Energy's stock price indicates positive market sentiment, suggesting potential for further short-term appreciation.
CONFIDENCE 85
IMPORTANCE 65
RELEVANCE 75
POSITIVE IMPACT
Emeren Group's stock rose by 15.53% to $1.85, indicating positive investor sentiment.
Emeren Group's significant price increase suggests strong investor interest or positive news, likely leading to continued short-term gains.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
22nd Century Group's stock increased by 6.30% to $0.56, indicating positive market sentiment.
The rise in 22nd Century Group's stock price reflects positive investor sentiment, suggesting potential for continued short-term gains.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70