Curaleaf stock is gaining momentum on Monday after core shareholders in Curaleaf Holdings (CSE:CURA) (OTCQX:CURLF) have reached an agreement to extend their lock-up expiry.
Short-Term Relief?Curaleaf stock received a major boost today after the main shareholders in the company agreed to extend the lock-up agreement for their shares.
Core investors usually own a large portion of the shares in a company, and if they sell any of these shares, then that can have an adverse effect on the stock. For these investors to agree to keep their shares in a lock-up period (meaning ...
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