Why Sundial Growers Stock Dropped 5% Lower Today
Shares of Canadian cannabis company Sundial Growers Inc. (NASDAQ: SNDL) fell more than 5% in the extended session on Thursday.
Are Sundial Growers Shareholders About To Get Burned?
There’s a good chance shares of Sundial Growers Inc. (NASDAQ: SNDL) are about to make a big move lower.
A descending triangle pattern has formed on the chart. They usually have bearish implications.
Sundial Growers Q2 Sales $9.15M Miss $9.43M Estimate
Sundial Growers (NASDAQ:SNDL) reported quarterly sales of $9.15 million which missed the analyst consensus estimate of $9.43 million by 2.96 percent. This is a 54.68 percent decrease over sales of $20.19 million the
Earnings Scheduled For August 12, 2021
Companies Reporting Before The Bell
• Anavex Life Sciences (NASDAQ:AVXL) is estimated to report earnings for its third quarter.
Sundial Growers & KushCo Among Top Cannabis Stock Movers On August 9, 2021
GAINERS:
Invictus MD Strategies (OTC: IVITF) shares closed up 32.78% at $0.024
The Week In Cannabis: Cannabis For Veterans, Canopy, Tilray, SMG, Big Earnings, Financings And More
Below is a recap of the main news related to the cannabis industry and markets for the week of August 2, 2021.
Contents
Watch Medical Marijuana & Unrivaled Brands At The Benzinga Cannabis Hour
Benzinga’s Cannabis Hour is a live show for cannabis investors.
Is Cannabis The Hottest Market Right Now? Aurora, Canopy And Sundial Among Top Bullish Stocks For August 5, 2021
GAINERS:
22nd Century Group (AMEX: XXII) shares closed up 17.39% at $3.51
Elixinol Wellness (OTC: ELLX) shares closed up 11.11% at $0.10
Cannabis SPAC Greenrose’s Shares Soar On $103M Debt Capital Agreement With Sundial Affiliate
Cannabis-focused special purpose acquisition company Greenrose Acquisition Corp. (OTC: GNRSU) announced Thursday that it has signed agreements for up to $103 million in capital from SunStream Bancorp a joint venture backed by Sundial Growers Inc.
Cannabis Daily Podcast 8/5: Europe Expansion And Buy The Dip Opportunity Stocks
Start The Day With The Best Daily Pre-Market Overview Of The Cannabis Space
On Today's Episode we covered the following public companies: