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I took a look at three stocks to avoid last week, predicting that Blink Charging (NASDAQ: BLNK) , Lyft , and Chuy's were going to have a challenging week. After getting burned on earlier bearish GameStop calls, things finally paid off this time. The three stocks ...
If you take the push toward cannabis legalization in the U.S. and mix in Robinhood traders on Reddit message boards and the current trend of pumping up low-priced penny stocks , you get Sundial Growers (NASDAQ: SNDL) . Sundial has become the flavor of the day for day traders, an...
The next round of stimulus checks will likely bring a new surge of retail investor participation, and investors who back the right companies could wind up turning a $1,400 check into a much larger amount. Of course, doing so will involve taking on some risk, and it's fair to say that the ...
You'd struggle to find an industry that's generated more robust returns than cannabis in recent months. The ETFMG Alternative Harvest ETF , a basket fund that contains an assortment of direct and ancillary marijuana stocks, is up 212% since the end of October (through Feb. 10). Some...
Shares of Sundial Growers (NASDAQ: SNDL) fell on Friday after analysts cautioned that the prices of many cannabis stocks had come too far, too fast. By the close of trading, Sundial's stock's price was down 12.6% after declining as much as 25.2% earlier in the day. Fueled by opt...
Sundial shares have risen ~400% in 2021 so far, giving an estimated $800M windfall to a company that had to restructure its debt last year. We believe Sundial has been resurrected by the unexpected gift from investors and its cash pile will provide greater flexibility and options. ...
MKM Partners is cutting its rating on Aurora Cannabis (ACB) -4%, citing a tough path for operating income turning positive.MKM analyst Bill Kirk is downgrading the stock to Sell from Neutral, keeping the price target at $C9 (U.S. $7).ACB shares are currently trading around $14, having co...
Squeeze stocks that have been in the sights of Reddit's WallStreetBets board are seeing less volatility, with premarket share moves relatively smaller.Pot stocks, which plunged yesterday after becoming the latest target of retail traders and options buyers, are mostly higher before the bell.Y...
Would you want to invest in a stock that lost around 72% of its value since its market debut? Probably not, but hear me out. What if I told you that the same stock grew by more than 475% over the last three months? Such is the case for the marijuana company Sundial Growers (NASDAQ...
Here's a big thank you to the Reddit community. You've definitely made investing even more interesting than usual so far in 2021. Even investors who aren't on Reddit have been impacted by the waves made by those who are active on the online platform. Recently, Reddit users have been a m...
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Cannabis edibles producer Indiva Limited (OTCPK:NDVAF) (TSXV:NDVA) is restructuring its business. Indiva Group (Indiva and its subsidiaries) has be...
Voters in Dallas may have the opportunity to decide whether the state should decriminalize marijuana in small quantities in November. This is if members of the city council approve a plan to place a resolution on this year’s ballot. Chad West, a council member, recently revealed that h...
2024-06-09 07:05:00 ET SNDL (NASDAQ: SNDL) , formerly known as Sundial Growers, is shaping up to be a decent purchase for value-sensitive investors. Between the improving efficiency of its operations, its burgeoning investment income, and its ongoing attempt to invest in businesses ...