Cannabis Stock Movers For October 22, 2024
Portfolio Pulse from Benzinga Insights
On October 22, 2024, several cannabis stocks experienced significant price movements. Notable gainers included CLS Holdings USA, SOL Global Investments, and Canopy Growth, while Radiko Holdings and Body and Mind were among the biggest losers.
October 22, 2024 | 8:30 pm
News sentiment analysis
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NEGATIVE IMPACT
Scotts Miracle Gro shares fell by 3.44% to $86.75, indicating negative market sentiment.
The decrease in Scotts Miracle Gro's stock price suggests negative market sentiment, potentially due to unfavorable industry trends or company news.
CONFIDENCE 80
IMPORTANCE 55
RELEVANCE 65
NEGATIVE IMPACT
Urban-gro shares fell by 15.22% to $1.62, indicating negative market sentiment.
The decline in Urban-gro's stock price suggests negative market sentiment, possibly due to unfavorable news or market conditions.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
Aurora Cannabis shares rose by 9.80% to $6.10, reflecting positive investor sentiment.
Aurora Cannabis's stock price increase indicates positive investor sentiment, potentially driven by favorable market conditions or company news.
CONFIDENCE 85
IMPORTANCE 65
RELEVANCE 75
POSITIVE IMPACT
Cara Therapeutics shares rose by 3.16% to $0.27, indicating a positive market reaction.
Cara Therapeutics' stock price increase suggests a positive market reaction, potentially due to favorable developments or announcements.
CONFIDENCE 70
IMPORTANCE 45
RELEVANCE 55
POSITIVE IMPACT
Canopy Growth shares rose by 14.29% to $4.98, indicating positive market sentiment.
Canopy Growth's significant price increase suggests positive investor sentiment, likely due to favorable market conditions or company-specific news.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Cronos Group shares rose by 4.23% to $2.29, reflecting positive market sentiment.
The increase in Cronos Group's stock price suggests positive market sentiment, possibly driven by favorable industry trends or company news.
CONFIDENCE 75
IMPORTANCE 50
RELEVANCE 60
POSITIVE IMPACT
SNDL shares rose by 6.47% to $2.15, indicating positive investor sentiment.
SNDL's stock price increase suggests positive investor sentiment, likely due to favorable market conditions or company-specific developments.
CONFIDENCE 80
IMPORTANCE 55
RELEVANCE 65
POSITIVE IMPACT
Tilray Brands shares increased by 7.61% to $1.71, suggesting positive market sentiment.
The rise in Tilray Brands' stock price suggests positive market sentiment, possibly due to favorable industry trends or company-specific news.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
22nd Century Group shares increased by 12.57% to $0.12, showing a positive market reaction.
The rise in 22nd Century Group's stock price suggests a favorable market reaction, possibly due to recent developments or announcements.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 70