Marijuana Stock Movers For October 22, 2024
Portfolio Pulse from Benzinga Insights
On October 22, 2024, several marijuana 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. The article highlights the volatility in the marijuana sector.
October 22, 2024 | 8:31 pm
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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, likely due to favorable news or trends in the cannabis market.
CONFIDENCE 85
IMPORTANCE 65
RELEVANCE 75
POSITIVE IMPACT
Canopy Growth shares rose by 14.29% to $4.98, indicating positive investor sentiment.
Canopy Growth's significant price increase suggests positive market sentiment, likely driven by favorable news or market conditions in the cannabis sector.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
SNDL shares rose by 6.47% to $2.15, showing a positive market reaction.
The increase in SNDL's stock price suggests a favorable market reaction, possibly due to positive developments or investor sentiment in the cannabis industry.
CONFIDENCE 80
IMPORTANCE 55
RELEVANCE 65
POSITIVE IMPACT
Tilray Brands shares increased by 7.61% to $1.71, indicating positive market sentiment.
The rise in Tilray Brands' stock price suggests positive market sentiment, possibly driven by favorable developments in the cannabis sector.
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 positive developments or investor sentiment in the cannabis industry.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
Scotts Miracle Gro shares fell by 3.44% to $86.75, indicating negative investor sentiment.
The decline in Scotts Miracle Gro's stock price suggests negative investor sentiment, possibly due to unfavorable news or trends affecting the company.
CONFIDENCE 75
IMPORTANCE 50
RELEVANCE 60