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Sundial Growers (NASDAQ: SNDL) went on a queasy roller coaster ride Thursday, with the stock rising as much as 6%-plus during the trading day, only to close nearly 16% lower. That isn't out of the ordinary for a low-priced stock, but there are circumstances around Sundial that make ...
r/WallStreetBets initiated the GameStop squeeze, but has targeted a number of other stocks as well. While the GME situation is not likely to repeat, it seems likely we'll see efforts to make similar moves. A number of stocks fit the pattern seen so far, providing interesting poten...
Thursday was a tough day for the stock market, and the Nasdaq Composite (NASDAQINDEX: ^IXIC) took an outsize hit. Concerns about the future for the U.S. economy amid mixed data sent stocks broadly lower. As of just before 1 p.m. EST, the Nasdaq was down more than 1%. Some of the...
For the past couple of weeks, retail investors on Reddit's WallStreetBets chatroom have ruled the roost on Wall Street. These retail investors have effectively come together to buy shares and out-of-the-money call options in heavily short-sold companies or penny stocks, driving their share ...
Canadian cannabis stocks have surged in 2021 and a few of them have exhibited irrational exuberance such as Tilray and Sundial. U.S. cannabis stocks continue to trade at a substantial discount despite possessing significantly stronger fundamentals. The valuation discrepancy is inc...
On a day when Canadian marijuana grower Sundial Growers (NASDAQ: SNDL) announced it has regained compliance to remain listed on the Nasdaq exchange , shareholders are punishing the stock for a different reason. As of 10:35 a.m. EST Wednesday, shares of Sundial were down 15%....
Mexico with 121 million citizens will likely legalize cannabis by April of this year opening the door to the largest population for potential customers; This will be a game-changing tipping point for legalization of cannabis around the world and especially throughout Latin America; ...
Interpace Biosciences (IDXG) -28% on Nasdaq delisting.Seanergy Maritime (SHIP) -23% on capital raise.KAR Auction Services (KAR) -22% on Q4 earnings.AIkido Pharma (AIKI) -20% on capital raise.Socket Mobile (SCKT) -20%.ALJ Regional (ALJJ) -17%.Immunic (IMUX)...
Nasdaq confirmed that Sundial Growers (SNDL) has regained compliance with its minimum bid price requirements for continued listing.Earlier today, the company filed for a $1B mixed shelf offering; shares trading 13.7% down premarket.With a bearish rating, SA Contributor Cornerstone Invest...
Sundial Regains Compliance with Nasdaq Minimum Bid Price Rule Canada NewsWire CALGARY, AB , Feb. 17, 2021 /CNW/ - Sundial Growers Inc. (NASDAQ: SNDL) ("Sundial" or the "Company") today announced that the Nasdaq Stock Market ("Nasdaq") has confirmed that the ...
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SunStream USA Poised to Acquire Cannabis Assets Canada NewsWire CALGARY, AB , May 2, 2024 /CNW/ - SNDL Inc. (Nasdaq: SNDL) (" SNDL "), through its joint venture in SunStream Bancorp Inc. (" SunStream Bancorp "), today announced the SunStream USA group...
2024-04-30 16:15:00 ET Shares of Canadian cannabis companies Tilray Brands (NASDAQ: TLRY) , Canopy Growth Company (NASDAQ: CGC) , Cronos Group (NASDAQ: CRON) , and SNDL (NASDAQ: SNDL) exploded higher on Tuesday, rallying 41.7%, 67.5%, 15.7%, and 24.4%, respec...
2024-04-30 16:01:50 ET Shares of multiple %Cannabis and cannabis-adjacent companies are rallying strongly during Tuesday’s session following an indication by the DEA that the agency is moving to reclassify marijuana as a less dangerous drug, according to numerous press releases. ...