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sndl stock why reddit play sundial growers is plunging today

by Luciano Sporer Published 3 years ago Updated 2 years ago
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Should you buy sundial growers (SNDL) stock?

Feb 02, 2021 · Well… it looks like today one of the reasons for the plunge is the overall collapse of the Reddit bubble. However, there is one other news item weighing on SNDL. Why SNDL Stock Is Falling Today So...

What are analysts'price targets for sundial growers'stock?

Feb 02, 2021 · February 2, 2021. Sundial Growers (NASDAQ: SNDL) has had a handful of impressive trading days. After the speculative cannabis play won over r/WallStreetBets, shares have simply soared, topping out ...

Why is SNDL stock plunging today?

Jan 28, 2021 · InvestorPlace - Stock Market News, Stock Advice & Trading Tips. In what is looking like the latest Reddit rally, shares of Sundial Growers (NASDAQ: SNDL) surged more than 65% in pre-market action ...

How can I get the latest news about SNDL?

This sub is for redditors interested in Sundial Growers as a business or as a potential investment opportunity. Please be nice to one another! If you are posting FUD in this sub, you will be banned. FUD = fear, uncertainty and doubt, usually evoked intentionally in …

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Why is sundial Growers stock so low?

SNDL Stock and Non-Compliance Sundial Growers has had consistent troubles complying with the Nasdaq minimum bid rule. The stock has traded below the $1 minimum bid since March 2020, with the exception of a brief period in early 2021 due to Reddit excitement. That too, passed, sending SNDL stock below $1 again.Feb 15, 2022

Is SNDL getting delisted?

Fans of Sundial Growers (NASDAQ:SNDL) are smiling this morning, and for good reason. The Canadian marijuana company announced that it had yet again avoided being delisted.Feb 9, 2022

Is Sundial growers bullish?

Cannabis stock SNDL is in the clouds Friday, increasing 4.86%. The market has been high on Sundial Growers Inc (SNDL) stock recently. SNDL gets a Bullish score from InvestorsObserver Stock Sentiment Indicator. Sundial Growers Inc has a Bullish sentiment reading.Mar 18, 2022

Is Sundial growers gonna rise?

The next few weeks may be pivotal to the future of Canada-based licensed cannabis producer Sundial Growers....Sundial Growers analysis: rough start to 2021, encouraging developments later.Long position overnight fee-0.0225%Spread6.702 more rows•Mar 21, 2022

Why is SNDL not delisted?

Sundial: Mission Impossible? The quest to keep Sundial Growers from delisting has felt like "mission impossible." Due to compliance requirements, SNDL shares must hold above $1 for 10 consecutive trading days to avoid delisting.Feb 8, 2022

Who owns sundial growers?

Top 10 Owners of Sundial Growers IncStockholderStakeShares ownedSusquehanna Financial Group LLLP1.08%22,139,812Global X Management Co. LLC0.78%16,050,417D. E. Shaw & Co. LP0.40%8,139,103Tudor Investment Corp.0.23%4,661,1326 more rows

What is the future of Sundial Growers stock?

Analysts forecast Sundial Growers can increase revenue from CA$73.3 million last year to around CA$705 million in 2022 and as much as CA$1.1 billion by the end of 2024, at which time it will be generating $0.03 per share in profits.Nov 21, 2021

What is sundial growers company?

Sundial Growers Inc. is a Canada-based company that is engaged in the business of production, distribution and sale of cannabis in Canada. The Company's segments include Cannabis Operations, Cannabis and Liquor Retail and Investment Operations.6 days ago

How is sundial used?

sundial, the earliest type of timekeeping device, which indicates the time of day by the position of the shadow of some object exposed to the sun's rays. As the day progresses, the sun moves across the sky, causing the shadow of the object to move and indicating the passage of time.

Why is the Sundial going down?

Why Sundial could crash The company is a dilution machine, and between share issues and warrants, that could drive the stock down, even if it performs well. During the past 12 months, the company has issued common stock worth more than 1.2 billion Canadian dollars.Jan 17, 2022

Should I keep SNDL stock?

The consensus among Wall Street analysts is that investors should "hold" Sundial Growers stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SNDL, but not buy additional shares or sell existing shares.

Will SNDL stock go up 2022?

In 2022, SNDL's EPS is forecast to hit -$3.66 (min: -$3.66, max: -$3.66).

Sundial Growers Media Sentiment

Each headline receives a score ranging from 2 (good news) to -2 (bad news). Our company news sentiment scores track the average news sentiment of articles about each company over the most recent 7 days in order to identify companies that are receiving positive press.

Media Coverage

We track news headlines from hundreds of news outlets and tag them by company. This chart compares the number of articles about this company in the last seven days compared with the average number of articles about this company on a typical week.

Sundial Growers (NASDAQ SNDL) News Headlines Today

Sentiment refers to the positivity or negativity of each headline according to our language processing algorithm.

Is Sundial Growers a buy right now?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sundial Growers in the last twelve months. There are currently 1 sell rating and 4 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" Sundial Growers stock.

What stocks does MarketBeat like better than Sundial Growers?

Wall Street analysts have given Sundial Growers a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Sundial Growers wasn't one of them.

When is Sundial Growers' next earnings date?

Sundial Growers is scheduled to release its next quarterly earnings announcement on Wednesday, November 10th 2021.#N#View our earnings forecast for Sundial Growers.

How were Sundial Growers' earnings last quarter?

Sundial Growers Inc. (NASDAQ:SNDL) issued its earnings results on Thursday, August, 12th. The company reported $0.01 EPS for the quarter. The business earned $7.45 million during the quarter, compared to the consensus estimate of $8 million.

How has Sundial Growers' stock been impacted by COVID-19 (Coronavirus)?

Sundial Growers' stock was trading at $0.91 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, SNDL shares have decreased by 19.3% and is now trading at $0.7340.#N#View which stocks have been most impacted by COVID-19.

What price target have analysts set for SNDL?

5 brokerages have issued 12-month price objectives for Sundial Growers' stock. Their forecasts range from $0.40 to $1.15. On average, they anticipate Sundial Growers' stock price to reach $0.73 in the next twelve months.

What is Torsten Kuenzlen's approval rating as Sundial Growers' CEO?

3 employees have rated Sundial Growers CEO Torsten Kuenzlen on Glassdoor.com. Torsten Kuenzlen has an approval rating of 30% among Sundial Growers' employees. This puts Torsten Kuenzlen in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

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