Marijuana Stock Movers For October 23, 2024
Portfolio Pulse from Benzinga Insights
The article reports on the stock movements of various marijuana-related companies on October 23, 2024. Notable gainers include Leafbuyer Techs and 4Front Ventures, while significant losers include CordovaCann and Greenlane Holdings.
October 23, 2024 | 8:30 pm
News sentiment analysis
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NEGATIVE IMPACT
Aurora Cannabis shares fell by 3.28%, closing at $5.91, indicating a negative market sentiment.
The 3.28% decrease in Aurora Cannabis' stock price suggests a negative short-term outlook, likely due to market conditions.
CONFIDENCE 85
IMPORTANCE 50
RELEVANCE 50
NEGATIVE IMPACT
Corbus Pharmaceuticals shares decreased by 4.98%, closing at $16.59, reflecting a negative market sentiment.
The 4.98% decrease in Corbus Pharmaceuticals' stock price suggests a negative short-term outlook, possibly due to market conditions or company performance.
CONFIDENCE 85
IMPORTANCE 50
RELEVANCE 50
NEGATIVE IMPACT
Greenlane Holdings shares fell by 30.56%, closing at $3.47, indicating a significant negative market reaction.
The 30.56% decrease in Greenlane Holdings' stock price indicates a significant negative market reaction, possibly due to unfavorable news or performance.
CONFIDENCE 95
IMPORTANCE 70
RELEVANCE 70
NEGATIVE IMPACT
GrowGeneration shares fell by 4.03%, closing at $2.11, indicating a negative market sentiment.
The 4.03% decrease in GrowGeneration's stock price suggests a negative short-term outlook, likely due to market conditions.
CONFIDENCE 85
IMPORTANCE 50
RELEVANCE 50
NEGATIVE IMPACT
Urban-gro shares decreased by 3.70%, closing at $1.66, reflecting a negative market sentiment.
The 3.70% decrease in Urban-gro's stock price suggests a negative short-term outlook, possibly due to market conditions or company performance.
CONFIDENCE 85
IMPORTANCE 50
RELEVANCE 50
POSITIVE IMPACT
Emeren Group shares rose by 3.97%, closing at $2.65, showing a positive trend.
The 3.97% increase in Emeren Group's stock price suggests a positive short-term outlook, likely due to favorable market conditions.
CONFIDENCE 90
IMPORTANCE 50
RELEVANCE 50
POSITIVE IMPACT
cbdMD shares increased by 4.02%, closing at $0.53, indicating a positive market sentiment.
The 4.02% increase in cbdMD's stock price suggests a positive short-term outlook, possibly due to favorable market conditions or company performance.
CONFIDENCE 90
IMPORTANCE 50
RELEVANCE 50