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Cannabis Watch: Planet 13 Holdings Inc (PLNHF) Is 7.03% Higher Monday

Monday, November 15, 2021 10:09 AM | InvestorsObserver Analysts

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Cannabis Watch: Planet 13 Holdings Inc (PLNHF) Is 7.03% Higher Monday

PLNHF stock is higher by 7.03% Monday as the cannabis stock increases $0.33 and outperforms the market. Planet 13 Holdings Inc (PLNHF) stock is up 12.06% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

Sentiment Score - ,bullish
Planet 13 Holdings Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on PLNHF!

What is Stock Sentiment?

Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score. As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend. Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish. InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion. For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.

What's Happening With PLNHF Stock Today?

Planet 13 Holdings Inc (PLNHF) stock is trading at $4.46 as of 9:52 AM on Monday, Nov 15, an increase of $0.33, or 7.03% from the previous closing price of $4.17. The stock has traded between $4.10 and $4.60 so far today. Volume today is less active than usual. So far 124,553 shares have traded compared to average volume of 512,301 shares.

More About Planet 13 Holdings Inc

Planet 13 Holdings Inc operate as an integrated cannabis company based in Nevada, with cultivation, production and dispensary operations in Las Vegas. The company is focused on providing an unparalleled dispensary experience and optimizing cultivation efficiencies through its technology as the vanguard of cannabis. Click Here to get the full Stock Report for Planet 13 Holdings Inc stock.

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