Cannabis Stock Movers For September 2, 2024
Portfolio Pulse from Benzinga Insights
On September 2, 2024, several cannabis stocks experienced significant price movements. Notable gainers included Corbus Pharmaceuticals (NASDAQ:CRBP) and Urban-gro (NASDAQ:UGRO), while AusCann Group Holdings (OTC:ACNNF) and Leafbuyer Techs (OTC:LBUY) were among the biggest losers.
September 02, 2024 | 8:30 pm
News sentiment analysis
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POSITIVE IMPACT
Corbus Pharmaceuticals shares rose by 5.46%, closing at $61.18, indicating positive investor sentiment.
The 5.46% increase in CRBP's stock price suggests positive investor sentiment, likely due to favorable news or market conditions.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Urban-gro shares increased by 4.51%, closing at $1.39, reflecting a positive market reaction.
The 4.51% rise in UGRO's stock price suggests a favorable market reaction, possibly due to positive developments or investor interest.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
AusCann Group Holdings shares plummeted by 69%, closing at $0.00, indicating severe negative sentiment.
The 69% drop in ACNNF's stock price indicates severe negative sentiment, possibly due to adverse news or financial issues.
CONFIDENCE 95
IMPORTANCE 80
RELEVANCE 90
NEGATIVE IMPACT
Leafbuyer Techs shares fell by 50%, closing at $0.0006, showing significant negative market sentiment.
The 50% decline in LBUY's stock price suggests significant negative market sentiment, likely due to unfavorable news or performance.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 85