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.