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
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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
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