Psychedelic-Compound-Based Drug Stocks Continue To Fall
Image Source: Pixabay
The 5 constituents in the munKNEE Psychedelic Drug Stocks Index are ranked below in descending order as to their performances as of October 13th, and since the end of July.
- Incannex Healthcare (IXHL): down 6.4% this week (-4.4% last week); down 43.6% since July
- is researching and developing therapies and products with the world's largest portfolio of medicinal cannabinoid and psychedelic pharmaceutical products.
- Read:
- Atai (ATAI): down 7.9% this week (+17.8% last week); down 38.8% since July
- GH Research (GHRS): down 9.0% this week (-10.3% last week); down 39.7% since July
- is primarily focused on the use of mebufotenin, the new International non-proprietary name for 5-MeO-DMT, which stands for 5-MethOxy-N,N-DiMeThyltryptamine.
- Read:
- Mind Medicine (MNMD): down 9.4% this week (-1.6% last week); down 43.2% since July
- Compass Pathways (CMPS): down 12.9% this week (-7.4% last week); down 35.7% since July
- is focused on the use of psilocybin (magic mushrooms) in their research. Go here for much more extensive information on Psilocybin.
- Read:
Summary
The munKNEE Psychedelic Drug Stocks Index was down 10.1% this week (-6.3% last week) and is now down 39.2% since July.
More By This Author:
Micro/Small Cap AI Stocks Index Is Still Up 110% YTD
Cannabis Stocks Continued To Decline, On Average, This Week
Interested In AI? These 7 Mega-Caps Dominate All Facets Of Its Development
Disclosure: None
Visit munKNEE.com and register to receive our free Market Intelligence Report newsletter ...
more