9/17/2024 9:52 AM
administration means a step forward for alternative energy, homebuilder stocks, and cannabis names, debate offered glimpses into how November could go for bank, energy, and crypto stocks, three sectors, to defense stocks, but the ongoing conflict between Israel and Hamas, as well as the continuing grind, %, and the AdvisorShares Pure US Cannabis ETF (MSOS) shed 0.7% in the three days after Tuesday night’s debate. Cannabis is left off the table because, like cryptocurrencies, both sectors will be volatile regardless
9/9/2024 4:25 PM
to buy its business for $760 million. (CNBC) Cannabis stocks enjoyed tailwinds today after Former, Stocks kicked off a data-heavy week on a positive note. The S&P 500 snapped a four-day losing streak, while the Dow scored a 484-point win, as investors took advantage of new buying opportunities after last week's steep selloff. The Nasdaq rose triple-digits as well, with help from Nvidia's, . Analysts are feeling optimistic about two stocks. There were no earnings of note today. Oil
8/27/2024 3:12 PM
The U.S. Drug Enforcement Administration (DEA) today announced a proposal hearing on the reclassification of marijuana as a less restricted Schedule III drug will happen on Dec. 2, after the presidential election. The news is bringing cannabis stocks back into focus, with Wall Street debating how a Trump or Harris presidency may influence the decision. Canopy Growth Corp (NASDAQ:CGC) stock, %. Aurora Cannabis Inc (NASDAQ:ACB) is also not taking today's news lightly, down 5.1% to trade
8/7/2024 3:05 PM
Aurora Cannabis Inc (NASDAQ:ACB) and Lumen Technologies Inc (NYSE:LUMN) are this week's picks for Schaeffer's Cheap Seats: Stocks Under $20 segment. Though in completely different sectors, both stocks have one thing in common -- their soaring price action today. Plus, each were within penny stock, -based cannabis company's fiscal first-quarter results. The stock has been seeing pressure near, of both stocks are sold short. Short interest represents 7.2% of ACB's available float, and 13.9
4/30/2024 4:23 PM
Today Home prices in U.S. cities continue to climb. (MarketWatch) Cannabis stocks could enjoy, Stocks ended April on an ugly note, weighed down by lackluster corporate reports and some unsavory economic data. The Dow suffered a 570-point loss, stumbling into the close at session lows. The S&P 500 and Nasdaq followed suit, as investors get skittish ahead of comments from Fed Chair Jerome, , including: 25 stocks to target in May, historically. 25 stocks to sell in May, historically. Plus