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.
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 LFLY Stock Today?
Leafly Holdings Inc (LFLY) stock is trading at $2.03 as of 3:15 PM on Monday, Aug 15, a drop of -$0.15, or -6.88% from the previous closing price of $2.18. The stock has traded between $1.99 and $2.25 so far today. Volume today is 555,065 compared to average volume of 586,770.
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More About Leafly Holdings Inc
Leafly Holdings Inc operates an online cannabis information resource platform. It offers cannabis retailers and brands subscription-based marketplace listings that provide its cannabis audience with information, reviews, menus, and ordering and delivery options through legal retailers.
Click Here to get the full Stock Report for Leafly Holdings Inc stock.
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