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Benzinga
Benzinga
Business
Lisa Levin

Why Cannabis Companies Traded Higher; Here's 60 Biggest Movers From Yesterday

Nasdaq NYSE

Gainers

  • Clene Inc. (NASDAQ:CLNN) shares jumped 43.4% to close at $4.13. Clene reported significantly improved survival in Amyotrophic lateral sclerosis (ALS) patients initially treated with CNM-Au8 compared to initially randomized placebo-treated participants during the long-term open-label extension of its RESCUE-ALS trial.
  • Clever Leaves Holdings Inc. (NASDAQ:CLVR) gained 36% to settle at $1.36. Shares of cannabis companies at large traded higher following reports Senate Democrats are planning to introduce a marijuana decriminalization bill next week.
  • SIGNA Sports United N.V. (NYSE:SSU) gained 30.8% to settle at $6.41.
  • Canoo Inc. (NASDAQ:GOEV) jumped 29.1% to close at $4.61 after the company announced it has been awarded by the U.S. Army to supply an electric vehicle for analysis and demonstration.
  • Shineco, Inc. (NASDAQ:SISI) shares jumped 26.5% to close at $1.24 on Thursday on heavy volume.
  • Yatsen Holding Limited (NYSE:YSG) climbed 24.7% to close at $1.82 after declining 27% on Wednesday.
  • Nutriband Inc. (NASDAQ:NTRB) rose 23.5% to settle at $4.7676.
  • Akerna Corp. (NASDAQ:KERN) jumped 21.9% to close at $0.1804. Shares of cannabis companies at large traded higher following reports Senate Democrats are planning to introduce a marijuana decriminalization bill next week.
  • Sentage Holdings Inc. (NASDAQ:SNTG) gained 20.6% to close at $0.6873 after gaining 16% on Wednesday.
  • Faraday Future Intelligent Electric Inc. (NASDAQ:FFIE) surged 18.6% to settle at $7.00.
  • Lucira Health, Inc. (NASDAQ:LHDX) climbed 16.7% to close at $3.01. Lucira Health posted Q1 adjusted net income of $16.668 million in May.
  • Qurate Retail, Inc. (NASDAQ:QRTEB) gained 16.7% to settle at $6.07.
  • Gossamer Bio, Inc. (NASDAQ:GOSS) rose 16.2% to settle at $11.05 after Raymond James maintained an Outperform rating on the stock and raised its price target from $10 to $14.
  • CEA Industries Inc. (NASDAQ:CEAD) gained 16.2% to close at $1.58.
  • Revelation Biosciences, Inc. (NASDAQ:REVB) gained 16.1% to close at $1.37. Revelation Biosciences completed database lock for Phase 1b CLEAR clinical study of REVTx-99b for treatment of allergic rhinitis.
  • Kopin Corporation (NASDAQ:KOPN) rose 15.3% to settle at $1.51.
  • Tilray Brands, Inc. (NASDAQ:TLRY) gained 14.6% to close at $3.69. Shares of cannabis companies traded higher following reports Senate Democrats are planning to introduce a marijuana decriminalization bill next week.
  • NextNav Inc. (NASDAQ:NN) jumped 12.8% to close at $2.73.
  • Ritchie Bros. Auctioneers Incorporated (NYSE:RBA) gained 10.7% to close at $66.79 after B of A Securities upgraded the stock from Neutral to Buy and announced a $75 price target.
  • Angi Inc. (NASDAQ:ANGI) jumped 9.7% to close at $4.30.
  • Biomerica, Inc. (NASDAQ:BMRA) rose 9.5% to close at $3.24 following news the company's breast self exam will now be available for sale in Walmart (NYSE:WMT).
  • Bellicum Pharmaceuticals, Inc. (NASDAQ:BLCM) surged 5.6% to close at $1.13.
  • Cemtrex, Inc. (NASDAQ:CETX) gained 5.5% to close at $0.3113.
  • Ambow Education Holding Ltd. (NYSE:AMBO) gained 5.1% to close at $0.4307.
  • QUALCOMM Incorporated (NASDAQ:QCOM) rose 4.6% to close at $141.90. JP Morgan maintained Qualcomm with an Overweight and lowered the price target from $205 to $185.
  • Costco Wholesale Corporation (NASDAQ:COST) jumped 4% to close at $511.94 after Deutsche Bank upgraded the stock from Hold to Buy and raised its price target from $525 to $579.
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