Cannabis Central: Coronavirus Crisis Crushed Pot Stocks On Monday & Tuesday
TM editors' note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence.
Cannabis stocks were only down 1% last week (see exclusive TalkMarkets article here) but the overall market weakness has seen them decline a whopping 7.8% over the first two days this week. To put things in perspective, the S&P 500 declined 6.2%, in comparison.
The cannabis market consists of 319 publicly-traded companies of which the vast majority trade for less than $1/share and it is acknowledged that even small changes in such prices can have a very large effect on the percentage change. Because of the aforementioned, this post only highlights those stocks that are currently trading above $1/share.
Below are those pot stocks trading above $1/share that have increased or decreased in price by at least 10% in the past 2 days, in descending order:
This article may discuss small-, micro- and nano-cap stocks so do your own careful due diligence. Visit munKNEE.com (A ...
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