The market session has come to an end, and the closing bell has rung... so now it is time to go through today's biggest movers to the downside. Out of over 200+ marijuana stocks, here are 5 of the biggest marijuana stock losers in trading on Tuesday, October 10th including Aurora Cannabis Inc. (TSX:ACB) (OTC:ACBFF) and more.
Aurora Cannabis Inc. (TSX:ACB) (OTC:ACBFF)
Shares of Aurora Cannabis Inc. trading on the OTC markets dropped 5.18% today on higher than average volume closing the day at $2.38 USD per share, while shares trading on the TSX fell 2.64% closing the day at $2.95 CAD per share. Earlier today, the company announced a $50 MM CAD financing round which was upsized to $60 MM CAD later in the day.
Canabo Medical Inc. (TSXV:CMM) (OTC:CAMDF)
Shares of Canabo Medical Inc. trading on the OTC markets dropped 10.23% today on lower than average volume closing the day at $0.33564 USD per share, while shares trading on the TSXV fell 7.95% closing the day at $0.405 CAD per share.
Insys Therapeutics Inc. (NASDAQ:INSY)
Shares of Insys Therapeutics Inc. dropped 9.35% today on higher than average trading volume, closing the day at $7.85 per share. Losses continue to mount following numerous lawsuits regarding the company's role in the nationwide opioid crisis.
Lexaria Bioscience Corp. (OTC:LXRP)
Shares of Lexaria Bioscience Corp. dropped 8.84% today on lower than average trading volume, closing the day at $0.433 per share.
MJ Holdings, Inc. (OTC:MJNE)
Shares of MJ Holdings, Inc. slid 10.71% on average daily trading volume, closing the day at $0.8929 per share.
Find more about today's losers by checking out their respective profiles in our global marijuana stock database via the linked tickers above. To stay up to date with important developments in the cannabis industry, be sure to subscribe to one or more of our free email newsletters. Also, connect with The Daily Marijuana Observer on Facebook, Twitter, StockTwits and Instagram!
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