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Monday's Biggest Marijuana Stock Losers

July 17, 2017

 

The closing bell has rung and now it's time to take stock of the day's market action. A handful of companies from our global marijuana stock database didn't do so well in today's trading session, despite gains in marijuana stocks more broadly. The Solactive North American Medical Marijuana Index, gained more than 3% in today's trading. In alphabetical order, here are 4 of the biggest marijuana stock losers in trading on Monday, July 17th, 2017. 

 

Helix TCS Inc. 

 

Shares of Helix TCS Inc. (OTC:HLIX) dropped 6.67% in today's trading session on slightly higher than average volume. Today's move came without any recent news from the company. We're working on marijuana stock profile for Helix TCS so check back soon or subscribe to our free email newsletter to find out when it becomes available. 

 

India Globalization Capital Inc. 

 

On Friday, India Globalization Capital (NYSE:IGC) came out with the company's full year 2017 financial results, sending shares higher by more than 3%. However, shares of India Globalization Capital gave back the majority of those gains today, falling 2.86%. Be sure to check out India Globalization Capital's marijuana stock profile linked above to view custom charts and more recent news. 

 

Mentor Capital Inc. 

 

In today's trading, shares of Mentor Capital Inc. (OTC:MNTR) fell 5.02% on slightly lighter than average trading volume. Today's bearish move came without any recent news from the company. Be sure to put today's action into prospective by checking out a custom chart in the company's marijuana stock profile linked above. 

 

Zynerba Pharmaceuticals Inc. 

 

Shares of Zynerba Pharmaceuticals (NASDAQ:ZYNE) fell 3.50% in today's session. Although today's move came without any recent news from the company, it was on higher than average trading volume, a potential signal that someone had a reason to sell today. Learn more about Zynerba Pharmaceuticals by checking out the company's marijuana stock profile linked above. 

 

Conclusion
 
To learn more about any of today's marijuana stock losers, check out their profile in our global marijuana stock database via the linked tickers above. Remember, shares of Zynerba Pharmaceuticals can be traded commission free using the Robinhood app
 
Also, be sure to subscribe to one or more of our free email newsletters so you never miss an important update. If you haven't already, connect with The Daily Marijuana Observer on Facebook, Twitter and Instagram.
 
Now Read: Today's Biggest Marijuana Stock Gainers

 

D/M/O

 

Disclaimer
 
Investing in nanocap, microcap, and small cap stocks is highly speculative. The publishers of DailyMarijuanaObserver.com are not registered as Investment Advisors or Broker-Dealers in any jurisdiction whatsoever. The information contained on DailyMarijuanaObserver.com (“this site”) has been prepared solely for informational purposes. Nothing on the site is an offer or solicitation to buy or sell securities. Investors should seek financial advice regarding the appropriateness of investing in any securities mentioned from their financial advisor.

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Disclaimer: Except for the historical information and data presented herein, matters discussed in articles on this website contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future performance or achievements expressed or implied by such coverage. Smoke Show Ventures, Inc., which owns The Daily Marijuana Observer, is not registered with any financial or securities regulatory authority, and does not provide nor claims to provide investment advice or recommendations to readers of this release. Smoke Show Ventures, Inc., which owns The Daily Marijuana Observer, may from time to time have a position in the securities mentioned herein and will increase or decrease such positions without notice. Before making specific investment decisions, readers should seek their own professional advice and that of their own professional financial adviser. Smoke Show Ventures, Inc. or its affiliates, which owns The Daily Marijuana Observer, may be compensated for its services in the form of cash-based and/or equity- based compensation in the companies it writes about, or a combination of the two. For full disclosure please visit: https://www.dailymarijuanaobserver.com/legal-disclaimer/.