Cannabis Stock Movers For September 11, 2024
Portfolio Pulse from Benzinga Insights
On September 11, 2024, several cannabis stocks experienced significant price movements. Notable gainers included Leafbuyer Techs, 1933 Industries, and Emeren Group, while Eastside Distilling and 22nd Century Group were among the biggest losers.
September 11, 2024 | 8:30 pm
News sentiment analysis
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NEGATIVE IMPACT
Eastside Distilling shares fell by 19.99% to $0.83, marking a significant decline.
The sharp decline in Eastside Distilling's stock price suggests negative news or market sentiment affecting the company.
CONFIDENCE 95
IMPORTANCE 80
RELEVANCE 90
NEGATIVE IMPACT
22nd Century Group shares decreased by 14.19% to $0.28, indicating a significant drop.
The significant drop in 22nd Century Group's stock price suggests negative investor sentiment or adverse news.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 85
POSITIVE IMPACT
Cara Therapeutics shares increased by 3.20% to $0.29, reflecting a modest gain.
The modest gain in Cara Therapeutics' stock price indicates a positive but not significant market reaction.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
Emeren Group shares rose by 4.80% to close at $2.35, indicating positive investor sentiment.
Emeren Group's stock price increase suggests positive investor sentiment, likely due to favorable market conditions or company-specific news.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80