Saratoga Investment (NYSE:SAR) reported quarterly earnings of $0.53 per share which met the analyst consensus estimate. This is a 5.36 percent decrease over earnings of $0.56 per share from the same period last year.
Global Cannabis Stocks Decline 8.7% in Q2, Agrify, KushCo Among Strongest Cannabis Names In June
The Global Cannabis Stock Index fell for the fourth straight month, dropping 4.1% to 57.10.
During the second quarter, the index was down 8.7%.
After gaining 5.2% in 2020 when it ended at 44.39, the index is up 28.6% in 2021 and has gained 94.2% over the past year.
The index dropped 38.3% from its 2021 closing high of 92.48 on February 10.