Why SNDL (Sundial Growers) Stocks Are Falling – SNDL (NASDAQ:SNDL)

Why SNDL (Sundial Growers) Stocks Are Falling – SNDL (NASDAQ:SNDL)

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SNDL Inc SNDL Shares traded up 5.45% to $2.08 during Thursday’s session. Shares are trading lower in sympathy with peer cannabis companies Canopy Growth Corporation C.G.C, which published its financial results for the third quarter with net sales of CA$101 million (US$75.4 million), down 28% year over year.

SNDL traders and investors can also keep an eye out for Aurora Cannabis’ second-quarter earnings results, which will be confirmed after the market close.

Accordingly Analyst Consensus EstimatesAurora Cannabis is expected to report a quarterly loss of 6 cents per share on revenue of $41.38 million.

SNDL Inc has a 52-week high of $8.91 and a 52-week low of $1.95.

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