US stocks closed lower with the Dow Jones down more than 300 points on Thursday. Here is the list of some big stocks that posted gains in the previous session.
- Tilray Brands, Inc. TLRY gained 30.9% and traded at $3.90. Cannabis company stocks traded higher after President Biden issued a marijuana reform statement that mentioned pardoning “all previous federal offenses of simple marijuana possession.”
- Provention Bio, Inc. PRVB Soared 25.7% to $6.22 after the company announced it has entered into a co-promotion agreement with Sanofi US to launch its lead investigational drug candidate teplizumab.
- Richardson Electronics, Ltd. RELL up 24.6% to close at $19.12 after positive Q1 results.
- SNDL Inc. SNDL rose 23.5% to close at $2.79. Cannabis company stocks traded higher after President Biden issued a marijuana reform statement that mentioned pardoning “all previous federal offenses of simple marijuana possession.”
- Canopy Growth Corporation C.G.C rose 22.2% to close at $3.75. Cannabis company stocks traded higher after President Biden issued a marijuana reform statement that mentioned pardoning “all previous federal offenses of simple marijuana possession.”
- Agenus Inc. AGENT rose 18.1% to close at $2.80.
- Compass, Inc. COMP rose 16.1% to close at $2.96.
- Innovid Corp. CTV rose 15.7% to $2.72.
- Pure Tech Health plc PRTC gained 14.8% to close at $31.01.
- Golden Sun Education Group Limited GSUN gained 13.6% to close at $26.33.
- Cronos Group Inc. CRON rose 13.5% to close at $3.36. Cannabis company stocks traded higher after President Biden issued a marijuana reform statement that mentioned pardoning “all previous federal offenses of simple marijuana possession.”
- Perion Network Ltd. PERI gained 13% to close at $23.01. Perion published preliminary Q3 results. The company said it sees revenue of $158 million in the third quarter.
- Avadel Pharmaceuticals plc AVDL rose 12.7% to close at $6.46.
- Roivant Sciences…
