Sundial Growers loses footing at psychological $0.30 level

NASDAQ:SNDL fell by 8.76% during Monday’s trading session. Cannabis stocks are in trouble ahead of another looming interest rate hike. Another analyst downgrade hits a Sundial Growers domestic rival. UPDATE: Sundial Growers stock has lost the 30 cents level. After surpassing the range low on May 12 of $0.3412 last week, $0.30 was the last … Read more

Sundial Growers closes in on lowest price since November 2020

NASDAQ:SNDL fell by 3.40% during Wednesday’s trading session. Analysts continue to assess the cannabis industry with some new upgrades and downgrades. Things are still positive for Sundial despite its struggling stock. UPDATE: SNDL stock dropped 1.8% to $0.36 on Thursday alongside a general market sell-off. All three major indices were in the reading one hour … Read more

Sundial Growers trades sideways alongside uncertain market

NASDAQ:SNDL fell by 0.42% during Monday’s trading session. ATB Capital Markets remains bullish on Sundial’s stock moving forward. A Cannabis ETF reverse split shows the state of the sector right now. UPDATE: Sundial Growers stock is trading flat on Tuesday. Shares have whipsawed between $0.3723 and $0.3757 in the first hour of trading. The market … Read more

CGC shares plummet on major earnings miss

CGC stock reported EPS of C$-1.46 on revenue of C$111.8 million. Wall Street had expected adjusted EPS of C$-0.21 on revenue of C$130 million. Canopy growth share price is down 77% over the past year. Canopy Growth (CGC) stock is down 11.9% at $4.89 in Friday’s premarket after releasing earnings before the market opened that … Read more