Markets

Aurora Cannabis rockets 94% as projected Biden victory further boosts pot stocks

Aurora Cannabis launched as much as 94% higher on Friday after former Vice President Joe Biden was projected to win the 2020 US presidential election. Democrats have previously said they aim to decriminalize marijuana at the federal level should a Biden administration materialise. Other Canadian pot producers including Tilray, Aphria, […]
Aurora Cannabis rockets 94% as projected Biden victory further boosts pot stocks
Markets

Battered pot stocks are rallying on the last trading day of 2019

A number of cannabis company stocks surged on Tuesday, the last trading day of 2019. The last-minute gains come after a rough year for pot stocks as the sector has struggled with vaping illnesses, regulatory uncertainty, and disappointing earnings. The surge could be a good sign showing that investor confidence […]
Battered pot stocks are rallying on the last trading day of 2019
Markets

Traders betting against weed stocks made almost $1 billion in 2019. Here are the 8 stocks most responsible for those gains.

Short-sellers betting against the cannabis sector have made $US993 million in mark-to-market gains year-to-date, according to a Wednesday note from financial-analytics provider S3 Partners. Those gains come even after solid sector performance erased $US132 million from short-seller profit in December on the 20 stocks that were most shorted, according to […]
Traders betting against weed stocks made almost $1 billion in 2019. Here are the 8 stocks most responsible for those gains.
Markets

Here are the 13 most expensive stocks to bet against

Betting against some company stocks can be more expensive than owning them. Clovis Oncology, currently the most expensive stock to short, boasts a 109% borrow fee according to data from S3 Partners, a financial analytics firm. Here are the top 13 stocks with the highest borrow fees, according S3 Partners. […]
Here are the 13 most expensive stocks to bet against