Neptune Wellness Solutions Stock Breaks Out on Growing Optimism
Despite growing optimism over possible U.S. legislative changes, cannabis stocks have been taking a beating. Since cannabis stocks peaked in March, the Horizons Marijuana Life Sciences ETF (OTCMKTS:HMLSF, TSE:HMMJ) has tumbled 29%. The ETFMG Alternative Harvest ETF (NYSEARCA:MJ) has followed a similar trajectory, falling 26%.
Neptune Wellness Solutions Inc (NASDAQ:NEPT), though, has been going in the other direction, advancing about 140% year-to-date and about 65% since the start of March.
Why the bullish sentiment? In addition to having a strong balance.
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Despite growing optimism over possible U.S. legislative changes, cannabis stocks have been taking a beating. Since cannabis stocks peaked in March, the Horizons Marijuana Life Sciences ETF (OTCMKTS:HMLSF, TSE:HMMJ) has tumbled 29%. The ETFMG Alternative Harvest ETF (NYSEARCA:MJ) has followed a similar trajectory, falling 26%.
Neptune Wellness Solutions Inc (NASDAQ:NEPT), though, has been going in the other direction, advancing about 140% year-to-date and about 65% since the start of March.
Why the bullish sentiment? In addition to having a strong balance.
Den vollständigen Artikel lesen ...