VIPS - Hot Stocks: Canadian cannabis sell-off; BJ hits high; DRNA soars; CLOV sets low; VIPS falls on earnings

On a strong day for retailing earnings, BJ’s Wholesale Club (NYSE:BJ) notched one of Thursday's standout performances, expanding its value by a fifth and soaring to a new 52-week high. Elsewhere, Dicerna Pharmaceuticals (NASDAQ:DRNA) stood as another of the day's top gainers. The drug developer spiked more than 75% on a deal to be acquired. On the downside, China's Vipshop (NYSE:VIPS) plunged following the release of its quarterly results. Meanwhile, one-time high-flying meme stock Clover Health (NASDAQ:CLOV) set a new low after pricing an upsized equity offering. Thursday also represented a tough session for Canadian cannabis stocks. A bearish analyst note dragged down Tilray (NASDAQ:TLRY), Cronos (NASDAQ:CRON) and Canopy Growth (NASDAQ:CGC). Sector In Focus Shares of Canadian cannabis companies plunged after an analyst questioned whether the firms could benefit from an eventual federal legalization of marijuana in the U.S. Tilray (TLRY) and Cronos (CRON) led the retreat, with both falling

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Hot Stocks: Canadian cannabis sell-off; BJ hits high; DRNA soars; CLOV sets low; VIPS falls on earnings