Marijuana Stock Movers For October 7, 2024
Portfolio Pulse from Benzinga Insights
On October 7, 2024, several marijuana stocks experienced significant price movements. Notable gainers included Affinor Growers, Pharmadrug, and Charlotte's Web Holdings, while SOL Global Investments, 4Front Ventures, and Zoned Properties were among the losers. Genetic Technologies and Eastside Distilling, both listed on NASDAQ, also saw price changes.
October 07, 2024 | 8:30 pm
News sentiment analysis
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NEGATIVE IMPACT
Cara Therapeutics shares fell by 5.66% to $0.27, indicating a decline in investor confidence.
The 5.66% decrease in Cara Therapeutics' stock price suggests a decline in investor confidence, possibly due to negative market sentiment or company-specific issues.
CONFIDENCE 75
IMPORTANCE 50
RELEVANCE 60
NEGATIVE IMPACT
Canopy Growth shares decreased by 3.85% to $4.20, reflecting a negative market reaction.
The 3.85% decline in Canopy Growth's stock price indicates a negative market reaction, possibly due to broader market trends or company-specific news.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
Currenc Group shares fell by 6.93% to $2.27, indicating negative investor sentiment.
The 6.93% decrease in Currenc Group's stock price suggests negative investor sentiment, possibly due to unfavorable market conditions or company-specific issues.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
Rivernorth Opportunities Fund shares decreased by 3.28% to $12.86, indicating a slight negative movement.
The 3.28% decline in Rivernorth Opportunities Fund's stock price suggests a slight negative movement, possibly due to general market conditions or fund-specific factors.
CONFIDENCE 75
IMPORTANCE 50
RELEVANCE 60
NEGATIVE IMPACT
Emeren Group shares fell by 4.53% to $2.73, showing a negative trend.
The 4.53% decrease in Emeren Group's stock price reflects a negative trend, likely due to adverse market conditions or company-specific challenges.
CONFIDENCE 75
IMPORTANCE 50
RELEVANCE 60
NEGATIVE IMPACT
Urban-gro shares decreased by 6.76% to $1.42, showing a negative trend.
The 6.76% drop in Urban-gro's stock price reflects a negative trend, likely due to adverse market conditions or company-specific challenges.
CONFIDENCE 75
IMPORTANCE 50
RELEVANCE 60
POSITIVE IMPACT
Eastside Distilling shares increased by 3.28% to $0.57, reflecting a modest positive movement.
The 3.28% rise in Eastside Distilling's stock price indicates a modest positive trend, possibly due to general market conditions or minor company developments.
CONFIDENCE 75
IMPORTANCE 50
RELEVANCE 60
POSITIVE IMPACT
Genetic Technologies shares rose by 7.59% to $0.73, indicating positive investor sentiment.
The 7.59% increase in Genetic Technologies' stock price suggests positive investor sentiment, likely due to favorable market conditions or company-specific news.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70