Marijuana Stock Movers For September 17, 2024
Portfolio Pulse from Benzinga Insights
On September 17, 2024, several marijuana stocks experienced significant price movements. Notable gainers included Leafbuyer Techs, Nextleaf Solutions, and GrowGeneration, while losers included Belgravia Hartford Cap and 22nd Century Group.
September 17, 2024 | 8:30 pm
News sentiment analysis
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POSITIVE IMPACT
GrowGeneration shares rose by 7.43% to $2.15, indicating positive investor sentiment.
The 7.43% increase in GrowGeneration's stock price suggests a positive market reaction, likely due to favorable news or investor sentiment in the marijuana sector.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Urban-gro shares increased by 6.43% to $1.41, reflecting a positive trend.
Urban-gro's stock price increase of 6.43% indicates a positive market sentiment, possibly driven by sector-wide optimism.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
cbdMD shares rose by 5.28% to $0.53, showing positive investor interest.
The 5.28% rise in cbdMD's stock price suggests increased investor interest, possibly due to positive developments in the company or sector.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 60
NEGATIVE IMPACT
Corbus Pharmaceuticals shares decreased by 5.53% to $50.90, reflecting a negative trend.
The 5.53% drop in Corbus Pharmaceuticals' stock price indicates a negative trend, possibly due to market or company-specific issues.
CONFIDENCE 80
IMPORTANCE 55
RELEVANCE 65
NEGATIVE IMPACT
Greenlane Holdings shares fell by 4.40% to $5.63, showing a downward trend.
The 4.40% decrease in Greenlane Holdings' stock price suggests a downward trend, possibly due to broader market conditions or company-specific factors.
CONFIDENCE 75
IMPORTANCE 50
RELEVANCE 60
NEGATIVE IMPACT
22nd Century Group shares fell by 12.50% to $0.28, indicating negative market sentiment.
The 12.50% decrease in 22nd Century Group's stock price suggests negative market sentiment, possibly due to unfavorable news or performance.
CONFIDENCE 85
IMPORTANCE 65
RELEVANCE 75