Marijuana Stock Movers For October 3, 2024
Portfolio Pulse from Benzinga Insights
On October 3, 2024, several marijuana stocks experienced significant price movements. Notable gainers included Radiko Holdings, Pharmadrug, and Leafbuyer Techs, while CordovaCann and CLS Holdings USA were among the biggest losers. The article highlights the volatility in the marijuana sector.
October 03, 2024 | 8:30 pm
News sentiment analysis
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NEGATIVE IMPACT
Currenc Group shares fell by 5.22% to $2.30, indicating negative investor sentiment.
The decline in Currenc Group's stock price suggests negative investor sentiment, possibly due to unfavorable market conditions.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
Genetic Technologies shares fell by 4.00% to $0.74, reflecting negative market sentiment.
The decrease in Genetic Technologies' stock price indicates negative market sentiment, possibly due to broader market trends.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
Cara Therapeutics shares rose by 3.48% to $0.28, indicating a positive market reaction.
The increase in Cara Therapeutics' stock price reflects a positive market sentiment, possibly due to sector-wide trends.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
Canopy Growth shares rose by 3.62% to $4.58, showing positive investor sentiment.
Canopy Growth's stock price increase suggests positive investor sentiment, likely influenced by broader market trends.
CONFIDENCE 88
IMPORTANCE 65
RELEVANCE 75
POSITIVE IMPACT
Cronos Group shares rose by 4.54% to $2.24, reflecting positive investor sentiment.
Cronos Group's stock price increase suggests positive investor sentiment, likely influenced by broader market trends.
CONFIDENCE 88
IMPORTANCE 65
RELEVANCE 75
POSITIVE IMPACT
Eastside Distilling shares increased by 7.51% to $0.55, reflecting a positive trend in the market.
The rise in Eastside Distilling's stock price indicates a favorable market environment, possibly driven by sector-wide movements.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
Greenlane Holdings shares rose by 7.76% to $4.31, indicating positive investor sentiment in the marijuana sector.
Greenlane Holdings' stock price increase suggests a positive market reaction, possibly due to broader sector trends or company-specific news.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Urban-gro shares rose by 7.35% to $1.49, showing investor confidence in the company's prospects.
Urban-gro's stock price increase suggests strong investor confidence, potentially due to positive developments or market trends.
CONFIDENCE 88
IMPORTANCE 65
RELEVANCE 75
POSITIVE IMPACT
Village Farms International shares increased by 4.06% to $0.91, indicating a positive market outlook.
The rise in Village Farms International's stock price reflects a positive market outlook, possibly driven by sector-wide movements.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
22nd Century Group shares increased by 7.31% to $0.18, indicating a positive market reaction.
The increase in 22nd Century Group's stock price reflects a positive market sentiment, possibly due to sector-wide trends.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 70