Marijuana Stock Movers For October 17, 2024
Portfolio Pulse from Benzinga Insights
On October 17, 2024, several marijuana stocks experienced significant price movements. Notable gainers included CLS Holdings USA, Rocky Mountain High, and Currenc Group, while 4Front Ventures and Pharmadrug were among the biggest losers.
October 17, 2024 | 8:30 pm
News sentiment analysis
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NEGATIVE IMPACT
Urban-gro's stock decreased by 3.36%, closing at $1.54, reflecting a negative market reaction.
Urban-gro's stock decline indicates a negative response from investors, possibly due to adverse developments in the company or sector.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 60
NEGATIVE IMPACT
22nd Century Group's stock fell by 4.79%, closing at $0.10, indicating negative investor sentiment.
The decline in 22nd Century Group's stock price suggests negative sentiment, possibly due to unfavorable news or performance.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
Cara Therapeutics' stock rose by 3.70%, closing at $0.27, showing a positive trend.
Cara Therapeutics' stock increase suggests a positive outlook from investors, potentially due to good news or performance in the market.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 60
POSITIVE IMPACT
Currenc Group's stock rose by 7.11% to close at $2.55, indicating positive investor sentiment.
Currenc Group's stock price increase suggests positive market sentiment, likely driven by favorable news or performance in the marijuana sector.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Greenlane Holdings' stock increased by 4.63%, closing at $4.32, reflecting a positive market reaction.
The rise in Greenlane Holdings' stock price indicates a positive response from investors, possibly due to favorable developments in the company or sector.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 70