Cannabis Stock Movers For September 10, 2024
Portfolio Pulse from Benzinga Insights
The article reports on the stock movements of various cannabis-related companies on September 10, 2024. Notable gainers include CNBX Pharmaceuticals and Cara Therapeutics, while Leafbuyer Techs and Eastside Distilling were among the losers.
September 10, 2024 | 8:30 pm
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POSITIVE IMPACT
Cara Therapeutics shares rose by 7.42%, closing at $0.28, indicating positive investor sentiment.
Cara Therapeutics' stock increase suggests positive investor sentiment, likely due to favorable market conditions or company-specific news.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Corbus Pharmaceuticals saw a 6.77% increase, closing at $56.28, reflecting a positive market response.
The rise in Corbus Pharmaceuticals' stock price indicates a positive market reaction, possibly due to recent developments or investor optimism.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
Village Farms Intl shares increased by 6.04%, closing at $0.99, suggesting a positive outlook from investors.
The increase in Village Farms Intl's stock price suggests investor optimism, potentially due to favorable market conditions or company news.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 60
NEGATIVE IMPACT
Currenc Group shares decreased by 7.17%, closing at $2.79, reflecting a negative market reaction.
The drop in Currenc Group's stock price indicates a negative market reaction, possibly due to recent developments or investor concerns.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
Eastside Distilling shares fell by 7.96%, closing at $1.04, indicating negative investor sentiment.
The decline in Eastside Distilling's stock price suggests negative investor sentiment, possibly due to unfavorable news or market conditions.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Urban-gro shares fell by 3.40%, closing at $1.49, indicating a slight negative sentiment from investors.
The decrease in Urban-gro's stock price suggests a slight negative sentiment from investors, possibly due to market conditions or company-specific news.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 60