The market has been down on Curaleaf Holdings Inc (CURLF) stock recently. CURLF gets a Bearish score from InvestorsObserver Stock Sentiment Indicator.
Curaleaf Holdings Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on CURLF!
What is Stock Sentiment?
When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment.
Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive.
InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend.
Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .
What's Happening With CURLF Stock Today?
Curaleaf Holdings Inc (CURLF) stock is trading at $8.21 as of 3:25 PM on Friday, Jan 14, a drop of -$0.01, or -0.12% from the previous closing price of $8.22. Volume today is less active than usual. So far 265,607 shares have traded compared to average volume of 706,679 shares. The stock has traded between $8.00 and $8.27 so far today.
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More About Curaleaf Holdings Inc
Curaleaf is headquartered in Wakefield, Massachusetts, and cultivates and sells medicinal and recreational cannabis in the U.S. The company has operations in 23 states, including the assets from the Cura Select and Grassroots acquisitions. Its brands include Curaleaf, UKU, Select, and Grassroots. The company acquired EMMAC Life Sciences in March 2021, beginning its foray into the global medical market in competition with Canadian cannabis producers.
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