Marijuana Stock Movers For September 16, 2024
Portfolio Pulse from Benzinga Insights
On September 16, 2024, several marijuana stocks experienced significant price movements. Notable gainers included Greenlane Holdings (NASDAQ:GNLN) with a 38.20% increase, and Tilray Brands (NASDAQ:TLRY) with a 3.45% rise. Among the losers, Global Compliance (OTC:FUAPF) saw a 28.57% drop, and 22nd Century Group (NASDAQ:XXII) fell by 8.24%.
September 16, 2024 | 8:30 pm
News sentiment analysis
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NEGATIVE IMPACT
22nd Century Group shares fell 8.24% to $0.32, indicating negative investor sentiment.
The significant price drop suggests negative sentiment or adverse news, likely leading to continued short-term downward pressure.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Greenlane Holdings shares surged 38.20% to close at $5.91, indicating strong investor interest or positive news.
The significant price increase suggests strong investor interest or positive developments for Greenlane Holdings, likely leading to continued short-term upward momentum.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Tilray Brands shares increased by 3.45% to $1.80, reflecting moderate positive sentiment.
The moderate price increase indicates positive sentiment, which could lead to further gains in the short term.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 80