The closing bell has rung and now it's time to take stock of the day's market action. Canadian equity markets were closed today in observance of Victoria Day, and markets were relatively quiet across the remainder of our global marijuana stock universe. That said, there were are few stocks that posted noteworthy gains in today's trading. In alphabetical order by symbol, 3 of the biggest marijuana stock gainers in trading on Monday, May 22nd, 2017 are as follows:
Cara Therapeutics Inc.
Cara Therapeutics (NASDAQ:CARA) closed today's trading up 4.52% without any recent news from the company. Tomorrow, Dr. Joseph Stauffer, Cara's Chief Medical Officer will be speaking at a pain therapeutics conference. From today's action it would appear the market is expecting good news from the conference. Learn more about this cannabinoid biotech company by checking out their marijuana stock profile linked above.
Insys Therapeutics Inc.
Shares of NASDAQ-Listed cannabinoid biotech company, Insys Therapeutics (NASDAQ:INSY) closed today's trading higher by 5.00%. Today's gains came after a strong session on Friday. Last week, both the company's Chairman and CEO bought shares of INSY. Be sure to learn more about this cannabinoid biotech company by checking out their marijuana stock profile linked above.
Marapharm Ventures Inc.
Despite Canadian markets being closed in observance of Victoria Day, shares of Marapharm Ventures (CSE:MDM)(OTC:MRPHF) trading in the U.S. surged 21.71%. Trading volume today was more than double the company's 30-day average volume. We're working on a marijuana stock profile for Marapharm so be sure to check back soon or subscribe to our free email newsletter to find out when it becomes available.
To find more about any of today's marijuana stock gainers, check out their profile in our cannabis-related stock database via the linked ticker symbols above.
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Now read: Today's Top Marijuana Stock Losers
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