Marijuana Stock Movers For October 11, 2024
Portfolio Pulse from Benzinga Insights
The article reports on the stock movements of various marijuana-related companies for October 11, 2024. Notable gainers include Elixinol Wellness, Pharmadrug, and GrowGeneration, while significant losers include Rocky Mountain High and Maple Leaf Green World.
October 11, 2024 | 8:30 pm
News sentiment analysis
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NEGATIVE IMPACT
Eastside Distilling shares decreased by 4.53%, closing at $0.54, showing a negative trend.
The 4.53% decline in Eastside Distilling's stock price indicates a negative market reaction, possibly due to sector-wide challenges or company-specific issues.
CONFIDENCE 80
IMPORTANCE 55
RELEVANCE 65
NEGATIVE IMPACT
22nd Century Group shares fell by 7.83%, closing at $0.15, indicating negative investor sentiment.
The 7.83% decrease in 22nd Century Group's stock price suggests negative market sentiment, possibly due to unfavorable news or sector trends.
CONFIDENCE 85
IMPORTANCE 65
RELEVANCE 75
POSITIVE IMPACT
Cara Therapeutics shares increased by 3.74%, closing at $0.25, reflecting a slight positive movement.
The 3.74% rise in Cara Therapeutics' stock price indicates a slight positive market sentiment, possibly influenced by broader market trends.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 60
POSITIVE IMPACT
GrowGeneration shares increased by 7.07%, closing at $2.05, indicating positive investor sentiment.
The 7.07% 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 rose by 4.29%, closing at $1.42, showing a moderate positive trend.
Urban-gro's stock price increase of 4.29% suggests a positive market response, possibly due to sector-wide trends or company-specific news.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 70