Cannabis Stock Movers For October 24, 2024
Portfolio Pulse from Benzinga Insights
On October 24, 2024, several cannabis stocks experienced significant price movements. Notably, Leafbuyer Techs saw a 400% increase, while Greenlane Holdings dropped by 32.56%.
October 24, 2024 | 8:30 pm
News sentiment analysis
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POSITIVE IMPACT
Eastside Distilling shares rose by 5.18%, closing at $0.62, indicating positive investor sentiment.
The 5.18% increase in Eastside Distilling's stock price suggests positive investor sentiment, likely due to favorable market conditions or company performance.
CONFIDENCE 90
IMPORTANCE 50
RELEVANCE 50
NEGATIVE IMPACT
Greenlane Holdings shares fell by 32.56%, closing at $2.25, indicating significant negative sentiment.
The sharp decline of 32.56% in Greenlane Holdings' stock price indicates a strong negative reaction from investors, possibly due to disappointing news or performance.
CONFIDENCE 95
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Urban-gro shares fell by 6.02%, closing at $1.58, indicating a negative market reaction.
The 6.02% decline in Urban-gro's stock price indicates a negative market reaction, possibly due to broader market trends or company-specific issues.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 60
NEGATIVE IMPACT
22nd Century Group shares decreased by 13.11%, closing at $0.11, suggesting negative investor sentiment.
The 13.11% decrease in 22nd Century Group's stock price suggests negative investor sentiment, possibly due to unfavorable news or market conditions.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 70