1.6000 +0.15 (10.34%)
Pre-Market: 6:42AM EST
Previous Close | 1.2600 |
Open | 1.3200 |
Bid | 1.5900 x 305200 |
Ask | 1.6000 x 34100 |
Day's Range | 1.2800 - 1.4700 |
52 Week Range | 0.1380 - 3.9600 |
Volume | 433,296,756 |
Avg. Volume | 605,604,171 |
Market Cap | 2.264B |
Beta (5Y Monthly) | N/A |
PE Ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings Date | Nov. 12, 2020 |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | 0.30 |
Over the past month, retail investors on Reddit's WallStreetBets (WSB) chatroom have created unprecedented volatility in some of the most obscure stocks on Wall Street. Dozens of momentum-based short-sold or penny stocks have been whipsawed as a result. While some of these momentum stocks are still significantly higher than where they were before the Reddit frenzy began, the fact is that many have detached from their underlying (and often poor) fundamentals.
Reddit traders are back. After licking their wounds following GameStop's (NYSE: GME) brutal decline from its highs, the Wallstreetbets-led army of individual investors appears to be trying to ignite a new round of short squeezes.
Your answer could be key to how you view Sundial Growers (NASDAQ: SNDL). If you're more of a half-empty type, you'll pay more attention to the fact that Sundial is also more than 50% off its highs set earlier this month. Whatever your perspective is, though, I'm going to take a shot at convincing you that Sundial Growers isn't a great marijuana stock to buy right now.