|Bid||0.8005 x 3000|
|Ask||0.8029 x 1400|
|Day's range||0.7950 - 0.8332|
|52-week range||0.1380 - 3.9600|
|Beta (5Y monthly)||N/A|
|PE ratio (TTM)||N/A|
|Earnings date||11 May 2021|
|Forward dividend & yield||N/A (N/A)|
|1y target est||0.60|
When you're looking for a cannabis stock to invest in, does it pay to go for the bigger players that are both deep and broad in their markets, or to stick with the smaller upstarts that are more likely to grow rapidly? There's an argument in favor of both approaches, and that's exactly what I'll be discussing today by comparing and contrasting Sundial Growers (NASDAQ: SNDL) and Tilray (NASDAQ: TLRY). Will Tilray span the globe?
Shares of AMC Entertainment Holdings (NYSE: AMC), GameStop (NYSE: GME), and Sundial Growers (NASDAQ: SNDL) were all down in midday trading Friday despite the market indexes continuing their bullish run higher. There wasn't any news directly related to any of these stocks, but that hasn't been necessary to drive them higher or lower, as chatter in internet chat rooms has more often than not been the deciding factor.
What happened Call it a "Reefer Madness" moment. In a flashback to the classic 1936 anti-drug film, marijuana investors got spooked today by news reports of health concerns among cannabis consumers -- and it's playing havoc with marijuana stocks.