In today's trading session broad equity markets crawled back midday losses to close flat on the day. In the U.S. the Dow gained two points - effectively flat on the day, while the NASDAQ Composite gained 0.02% in Thursday's trading. The TSX Composite in Canada closed at 15,496.84, down a fraction of a point on the day.
Broadly the cannabis sector did well today, though there were a few names that had a tougher time in today's trading session.
Turn that frown upside down, remember that down days can present the opportunity to add to positions you like at better prices or initiate new positions in stocks you like while they are 'on sale'.
United Cannabis' closed today's trading session at $1.66 per share. This marked a 7.78% decline from their previous close of $1.80. Today's volume in CNAB was lower than their 30-day average volume of 424,000 shares.
Med-Cannabis Pharma, Inc. (OTC:MCPI)
Shares of Med-Cannabis Pharma closed Thursday's trading at $0.175, down 2.78% from their previous close of $0.18. Volume in MCPI today was more than double their 30-day average trading volume of 66,000 shares!
Shares of Praetorian Property were under pressure again in today's trading session, closing the day at $0.6122, down 13.77% from their previous close of $0.71. Volume in shares of PRRE was lower than the company's 30-day average trading volume of 133,000 shares.
Zoned Properties shares continued yesterday's selling pressure, closing Thursday's trading down 7.64% on the day at $1.45. Today's volume in ZDPY of 15,600 shares was lower than their 30-day average trading volume of around 22,000 shares.
If you see a stock here that interests you, be sure to do some more research. A great place to begin your research is by checking out their stock profile in our marijuana stock database via the ticker symbols linked above.
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