From 100 million shares in late 2019, the company currently has more than 1 billion shares outstanding. 2 days ago. The stock price of Sundial Growers Inc (NASDAQ:SNDL) is trading at over 10% pre-market. Another company-specific factor keeping the stock buoyant is potential merger or acquisition activity involving the company.Recently, the Reddit group WallStreetBets pumped the stock up. However, the rally to the magnitude of GameStop or AMC would be difficult for Sundial Growers to replicate. According to Yahoo Finance, only 5.95 percent of SNDL shares outstanding are sold short, which equates to 6.1 percent of its float. Press question mark to learn the rest of the keyboard shortcuts. Sundial Growers Inc. (NASDAQ:SNDL) closed a share offering valued at roughly $74.5 million this week. Disclaimer: This content is intended for informational purposes. Market Realist is a registered trademark. ... Keith Patrick Gill, a key investor from the Reddit forum r/WallStreetBets better known by his... Factbox: the Stocks of the Reddit-Fueled Trading Frenzy SNDL stock experienced a swift run-up as Reddit users bid up the share price. So far, Reddit group WallStreetBets has sent certain stocks skyrocketing, including AMC Theatres, GameStop, and BlackBerry. ... Reddit Resurrects SNDL Stock but Normal Service Will Resume Soon. SNDL stock has run up significantly due to the pump from WallStreetBets. However, there isn’t much for long-term investors here, so it's better for them to stay clear of this stock. If someone sends you a link to buy this, it's a scam. Do not say that you want this shirt, or OP (or one of OP's alts) will give you a link to a scam site that might steal your credit card information or install malware. These are the stocks trending on the popular sub-reddit, r/WallStreetBets. This is a common scam. One user by the name of candlestick007 said that many WallSteetBets users have sold their GameStop and AMC holdings. The Calgary, Canada-based company currently has some $610 million in cash, in addition to marketable securities and loans receivable of approximately $61 million, and approximately 1.56 billion common shares outstanding. 1000pipBuilder Forex Signal https://bit.ly/2N1VRh62. Sundial Growers stock is one of the stocks that has seen increased buying activity due to WallStreetBets' pump. SNDL stock experienced a swift run-up as Reddit users bid up the share price. One of the other reasons for the stock’s rise was a potential deal, which is still uncertain. President Biden’s win in the U.S. election already sparked a rally in SNDL stock along with other marijuana companies. The company announced that it raised nearly $100 million through the sale of stock and warrants. Sundial Growers, Inc. engages in the production and distribution of flower, pre-rolls and vapes. Always be suspicious of people selling t-shirts on reddit. This high-volume trend has been amplified by Reddit … More specifically, the WallStreetBets chatroom on community-sharing platform Reddit has seen seemingly millions of retail investors group together to … SNDL is up 200 percent this year alone and a staggering … Sundial Growers (SNDL) rose to prominence this morning as its share price increased by more than 45%. But retail investors remain hot for “meme stocks.” And that’s the situation here with Sundial Growers (NASDAQ:SNDL) stock. Sundial Growers intends to use the net proceeds from the offering for general corporate purposes and possible acquisitions. There is no reason to believe this is the case. I will put $3.2 Million on SNDL and pump this to the moon for you guys.” Another user named bankingthisdough said, “$SNDL shorts are getting real nervous. What is behind the recent surge: ... One of the reasons for Sundial's previous rise – all the way up to $3.96 – came in part from enthusiasm on Reddit's WallStreetBets forum. “Short-squeeze stocks” may be coming back to earth. It could well be. ... After WallStreetBets Hype, Steer Clear of Sundial Growers' Stock 07:14pm, Wednesday, 03'rd Mar 2021 ... Reddit Resurrects SNDL Stock but Normal Service Will Resume Soon 06:19pm, Friday, 26'th Feb 2021. Sundial: Breaking Down BMO’s New Bearish Call TipRanks - 3/10/2021 11:33:21 AM: Sundial Growers: Popularity Does Not Translate to Profitability TipRanks - 3/9/2021 1:00:40 PM: Securities Registration (foreign Private Issuer) (f-3) Edgar (US Regulatory) - 3/3/2021 6:08:33 AM Report of Foreign Issuer Pursuant to Rule 13a-16 or 15d-16 (6-k) Edgar (US Regulatory) - 3/2/2021 7:41:32 AM In this video we’ll be talking about a penny stock called Sundial Growers (SNDL) which has made huge gains today after Reddit traders flocks to This stock after driving up the stock prices of GameStop and AMC to fight back against hedge funds and … Sundial Growers (NASDAQ:SNDL, SNDL:US) Current Stock Price: US$ 1.21. ... After WallStreetBets Hype, Steer Clear of Sundial Growers' Stock. This will be the most epic squeeze you’ve been part of.”. It operates through the following segments: Cannabis, Ornamental Flowers, and Corporate. Press J to jump to the feed. Reddit can’t move Apple or other billion-dollar companies because their market cap is too large. Cannabis Stocks: Reddit Chatter Lights Up TLRY, APHA, CGC, SNDL and Other Pot Names Today February 11, 2021 Cannabis stocks are all the rage Wednesday morning as investors over on Reddit WallStreetBets are talking about the profits from the weed plays. Offers may be subject to change without notice. Also, it has offered more shares to take advantage of the higher price. Sorry, this post was removed by Reddit's spam filters. Let’s take a closer look at these two shorted stocks and their recent Reddit-fueled rally. Still, the four analysts sharing their consensus rating for Sundial stock in 2021 agree that it is a “Hold”. Before making any investment, you should do your own analysis. Sundial's stock price has more than doubled over the span of January, primarily stoked by the 8 million-odd traders communing on Reddit forum WallStreetBets. Here's what you should know about the Reddit-loved cannabis play. All Rights Reserved. Sundial Growers stock has gained 445 percent since the U.S. presidential election in November 2020. Now that the price is back down, it's time to take a position. Sundial Growers Inc (NASDAQ: SNDL) shares traded down 14% on massive volume in an extremely volatile trading session on Thursday after the company became one … Some penny stocks have also caught the group’s attention due to their high short interest. Get the most updated comparison by key indicators and discover each stock’s price target as well as recommendations by top Wall Street Experts. NASDAQ: SNDL has fallen by 15.7% on Thursday, diving all the way to $1.45. If you want to gain an edge in the market, take a look at these Top 10 Stock & Options Signal:1. © Copyright 2021 Market Realist. 17 hours ago. Considering it was at an average price of around $0.67 on that day, we’re talking over $100 million in daily dollar volume. This is why it happened. Since the beginning of the year, the lowest share volume day SNDL stock has seen was 160.8 million. There might not be a short squeeze in this stock to a large extent. OP is a spambot. Recently, the Reddit group WallStreetBets pumped the stock up. Find which stock tickers are currently trending on the popular sub-reddit. SNDL stock trades 45.04 times forward enterprise value-to-sales while CGC and CRON trade at 31.49 times and 72 times, respectively. Should you buy Sundial Growers stock after this huge surge? Sundial Growers has taken the advantage of the boost. With its 9.4 million members, WallStreetBets has the heft to move the prices of certain stocks violently to the upside, at least temporarily. Biden’s win ignited the hopes of decriminalizing marijuana at the federal level in the U.S. Another company-specific factor keeping the stock buoyant is potential merger or acquisition activity involving the company. This is a continuation in momentum as it closed up 15.08% yesterday from a previous close of $1.26 to $1.45. Do your own sentiment analysis of WallStreetBets popular stock tickers, or follow SwaggyStocks sentiment reports. The highest analysts’ target for the SNDL stock forecast is $0.40 and the lowest one is $0.20. Bought 4,000 more shares when it dipped to .96 I currently own 8,000 @ 1.33 Let’s make that Money$$$. SNDL stock is plunging Tuesday after announcing a $100 million offering. Many users on Stocktwits are basking in WallStreetBets pumping SNDL stock. People may receive compensation for some links to products and services on this website. The relative short interest in SNDL is low. However, nothing much has changed for the stock fundamentally. Reddit's automated bots frequently filter posts it thinks might be spam. Sundial Growers (SNDL), a small-cap marijuana stock, has seen its fortunes change suddenly. And there are a bunch of them here. Overall, the stock has almost doubled since it caught WallStreetBets' attention. SNDL stock has rallied since the WallStreetBets community has bought the stock. He said, “We will pump SNDL this week. Reddit backing: With the recent rapid decrease in price of Gamestop (GME) and other r/wallstreetbets stocks, the Reddit users have adjusted their focus to … With retail traders on Reddit’s WallStreetBets and other online platforms hyping it up, this “also ran” pot play has seen its shares take off significantly so far this month. According to a website that tracks stock ticker mentions on r/WallStreetBets, Calgary-based Sundial Growers Inc. (Nasdaq: SNDL) was the most popular stock Wednesday, overtaking GameStop. Check out our WallStreetBets Realtime Sentiment page for real-time updates on sentiment. On several stock trading forums on Reddit like r/WallStreetBets and r/SNDL, it appears that investors are coordinating to drive the price up to at least $10. SNDL Stock News. Sundial Growers stock has benefited from the WallStreetBets-driven short squeeze rally. Compare WallStreetBets stocks. On Feb. 1, SNDL stock soared by more than 48 percent on this pump. The company is going through heavy dilution. Get the latest Sundial Growers (SNDL) stock price quote with real-time news, financials, charts and other important investing information. WallStreetBets could pump SNDL more, which could make it a good bet for day traders. Top 20 Trending Stocks On WallStreetBets As Of Tuesday, Mar. The stock was easier to manipulate since it has one of the cheapest stock prices in the marijuana sector. A merch post using an indirect link to the store page, such as linking to a post on Twitter, Imgur, or other social media, hiding the link in a gallery post, or using a redirect means that the store site is shady and might be blocked by the AutoModerator of certain subreddits. Bottom line, is SNDL stock a good buy now? The stock price of Sundial Growers Inc (NASDAQ:SNDL) is trading at over 10% pre-market as of 7:01 AM ET. SNDL attracted attention on the WallStreetBets Reddit, with investors speculating that SNDL was a heavily-shorted stock.. Is this yet another short squeeze after the ones seen for stocks like GameStop (GME) and AMC Entertainment (AMC) in recent weeks? Many users are positive about SNDL's near-term stock growth due to its high short interest, which they think will cause a short squeeze and another rally in the stock. Source: Pixabay, Sundial Growers Facebook, Why Reddit Traders Are Buying Up Weed Stocks, Curaleaf Takes On Tilray and Aphria in the Race To Be the Biggest Cannabis Company, Wall Street Is Bullish on GTBIF Stock, Outlook in 2021, Cannabis Companies Are Using Their Own Social Networks to Market Themselves, merger or acquisition activity involving the company, raised nearly $100 million through the sale of stock and warrants.

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