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Cannabis Stock Alert: Jushi Holdings Inc (JUSHF) Drops 1.53% Friday

Friday, June 11, 2021 01:44 PM | InvestorsObserver Analysts

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Cannabis Stock Alert: Jushi Holdings Inc (JUSHF) Drops 1.53% Friday

JUSHF, a player in the cannabis market, is lower by 1.53% Friday as it underperforms the market as a whole. The market has been down on Jushi Holdings Inc (JUSHF) stock recently. JUSHF gets a Bearish score from InvestorsObserver's Stock Sentiment Indicator.

Sentiment Score - ,bearish
Jushi Holdings Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on JUSHF!

What is Stock Sentiment?

In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company.

Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down.

InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend.

Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.

What's Happening With JUSHF Stock Today?

Jushi Holdings Inc (JUSHF) stock is trading at $5.80 as of 1:27 PM on Friday, Jun 11, a decline of -$0.09, or -1.53% from the previous closing price of $5.89. The stock has traded between $5.80 and $6.10 so far today. Volume today is light. So far 129,375 shares have traded compared to average volume of 359,179 shares.

To see the top 5 stocks in the Drug Manufacturers - Specialty & Generic industry click here.

More About Jushi Holdings Inc

Jushi Holdings Inc is a vertically integrated multi-state cannabis and hemp operator across the United States. The company operates a diverse portfolio of branded cannabis and hemp-derived assets, built upon opportunistic acquisitions, distressed deals and competitive applications. Operating under the Jushi umbrella is the BEYOND / HELLO retail brand of cannabis dispensaries, hemp- based CBD brand, Nira, including its brands, The Lab: Concentrates and The Bank: Flower + Genetics, as well as its precision formulated line of medical cannabis products Nira Plus. Jushi strives to maximize shareholder value while delivering high premium products across all levels of the cannabis and hemp ecosystem.

Click Here to get the full Stock Score Report on Jushi Holdings Inc (JUSHF) Stock.

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