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S&P 500 Rallies to End 7 Week Losing Streak; Legal Cannabis Sector Lags
Description
Episode 72: JJ discusses how the market benchmark S&P 500 rallied to the end of the week, ending a 7-week losing streak, and recording its best week since November 2020. The day saw particularly strong gains from Amyris (AMRS), Pinduoduo (PDD), Nu Holdings (NU), The RealReal (REAL), and Farfetch (FTCH). The legal cannabis sector lagged, after news from Cannadian companies Aurora (ACB) and Canopy Growth (CGC) disappointed investors.
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Disclaimer: I am not a financial adviser. This content is for education and entertainment purposes only. Do your own analysis and/or seek professional financial help before making any investment decision.