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Down 80% in 1 Year, Is SNDL Stock Ready for a Bull Run?

Alex Carchidi, The Motley Fool
·4 min read
Down 80% in 1 Year, Is SNDL Stock Ready for a Bull Run?

SNDL (NASDAQ: SNDL) shareholders have had a rough go of it, with the stock of the Canadian cannabis cultivator and banking company plummeting by 80% over the last 12 months. It has badly lagged behind the wider market, though it just barely ubnderperformed the wider cannabis industry as measured by the AdvisorShares Pure U.S. Cannabis ETF. In time, SNDL's stock might even go on a bull run, though it's not prudent to buy its shares in hopes of one happening tomorrow.

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