Cannabis stocks struggled on this Friday trading session. Volumes were low, profit taking in recent high flyers, and poor trading behavior to cap out the week.
Tag Archives: Volumes
News flow was very light in the cannabis sector, which is not very surprising given the day of the week. As a result, volumes were very low and prices mixed.
Cannabis stocks began the week with mixed action. Volumes continue to be lackluster and some of the recently pumped stocks have now been left to crater.
Volumes in cannabis stocks are still light but price action was a bit better today. We saw less double digit decliners and some buyer interest in a few names.
Cannabis stocks started the week off with a mixed tone. Volume continues to be low for most stocks in the space. A sector void of catalysts, plagued with low quality, and still elevated valuations, makes for a tough environment.
Most quarterly updates have been released for cannabis stocks, outside of companies posting annual filings and delayed PINKs.
Volumes in the cannabis space were nonexistent. Not surprising given the general trend of Fridays and the day before a long weekend.
We can’t help but think how the burgeoning cannabis industry is contributing to putting America back to work.
It was a mixed Monday as U.S. stocks were very quiet following the record close on Friday. The S&P 500 ended the day with no gain to close at 2018.