Why Sundial Growers Stock Dropped Monday

Motley Fool2021-02-23

The pot grower is planning to raise more capital. What happened Shares of Canadian marijuana company Sundial Growers(NASDAQ:SNDL) were down more than 7% at Monday's lows, and were 3.6% below Friday's ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

jianming
2021-02-25
jianming
Nope
- jianming:
  yes
yang6533
2021-02-25
yang6533
Ok
TagerKH
2021-02-24
TagerKH
持續不斷的稀釋性發行，股價什麼時候能漲上去？
- yang6533:
  Ok
LukeDMK
2021-02-23
LukeDMK
sad
yk95
2021-02-23
yk95
Nice
Bluefish
2021-02-23
Bluefish
Pump and dump

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1156451527?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2021-02-23 14:15","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1156451527","market":"us","top_or_hot":-1,"title":"Why Sundial Growers Stock Dropped Monday","media":"Motley Fool","content":"<div>\n<p>The pot grower is planning to raise more capital.\nWhat happened\nShares of Canadian marijuana company Sundial Growers(NASDAQ:SNDL) were down more than 7% at Monday's lows, and were 3.6% below Friday's ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/02/22/why-sundial-growers-stock-dropped-monday/\">Source Link</a>\n\n</div>\n","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Sundial Growers Stock Dropped Monday</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Sundial Growers Stock Dropped Monday\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-23 14:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/02/22/why-sundial-growers-stock-dropped-monday/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The pot grower is planning to raise more capital.\nWhat happened\nShares of Canadian marijuana company Sundial Growers(NASDAQ:SNDL) were down more than 7% at Monday's lows, and were 3.6% below Friday's ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/02/22/why-sundial-growers-stock-dropped-monday/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SNDL","symbol_name":"SNDL Inc.","start_time":0,"source_url":"https://www.fool.com/investing/2021/02/22/why-sundial-growers-stock-dropped-monday/","article_id":"1156451527","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1156451527","pubTimestamp":1614060942,"columns":[],"sourceInfo":null,"weMediaInfo":null,"summary":"The pot grower is planning to raise more capital.\nWhat happened\nShares of Canadian marijuana company","collect":0,"end_time":0,"defaultTopTitle":"fool.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"SNDL":"SNDL Inc."},"translate_title":"Sundial Growers周一股价下跌的原因","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SNDL":0.9},"content_text":"The pot grower is planning to raise more capital.\nWhat happened\nShares of Canadian marijuana company Sundial Growers(NASDAQ:SNDL) were down more than 7% at Monday's lows, and were 3.6% below Friday's closing price as of 2:15 p.m. EST.\nAt that time, the stock was trading at $1.50 per share, right at the exercise price of new warrants the company just announced it was issuing.\nSo what\nOn Friday, Sundial announced that more than 98 million warrants to purchase common shares at prices of $0.80 and $1.10 per share were being exercised, and the company was issuing the same number of new warrants at the $1.50 exercise price.\nThe exercised warrants brought gross proceeds of $89.1 million to the company. The newly issued warrants could bring it another $147.5 million.\nNow what\nThe proceeds from the exercised warrants mark the third capital raise this month for Sundial. Shares are currently up more than 20% in February, but are still down 50% from the month's highs on Feb. 10.\nThe company's net cannabis revenue dropped 36% sequentially in the third quarter, which ended Sept. 30. Its adjusted EBITDA loss increased by 13% in that same period.\nSome of the raised money is going toward a strategic investment Sundial announced last week. It took an 18.5% stake in Canadian edibles producer Indiva with 22 million in Canadian dollars. Using freshly raised capital to invest in the business could be good for shareholders, but the continued flurry of dilutive offerings could also be worrisome for the still-unprofitable company.","kind":"news","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":361682158,"gmtCreate":1614229000274,"gmtModify":1704889885058,"author":{"id":"3574836879356815","authorId":"3574836879356815","name":"jianming","avatar":"https://static.tigerbbs.com/e74072998ca48fb5defe4bd96a73c133","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3574836879356815","authorIdStr":"3574836879356815"},"htmlText":"Nope","listText":"Nope","text":"Nope","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/361682158","repostId":1156451527,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3657676,"gmtCreate":1614229014852,"gmtModify":1680778256646,"authorId":3574836879356815,"author":{"id":3574836879356815,"idStr":"3574836879356815","authorId":3574836879356815,"name":"jianming","avatar":"https://static.tigerbbs.com/e74072998ca48fb5defe4bd96a73c133","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":361682158,"type":1,"supId":0,"prevId":0,"content":"<u>yes</u>","text":"<u>yes</u>","html":"<u>yes</u>"}],"langContent":"EN"},{"id":361312161,"gmtCreate":1614204842253,"gmtModify":1704889461426,"author":{"id":"3576720016133605","authorId":"3576720016133605","name":"yang6533","avatar":"https://community-static.tradeup.com/news/7c5f49b14f4ce9a94a46b3d05668df1c","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3576720016133605","authorIdStr":"3576720016133605"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/361312161","repostId":1156451527,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":363548129,"gmtCreate":1614158711161,"gmtModify":1704888850650,"author":{"id":"3499987418945791","authorId":"3499987418945791","name":"TagerKH","avatar":"https://static.tigerbbs.com/dfae30623cce5a2bd0d5ca255129b542","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3499987418945791","authorIdStr":"3499987418945791"},"htmlText":"持續不斷的稀釋性發行，股價什麼時候能漲上去？","listText":"持續不斷的稀釋性發行，股價什麼時候能漲上去？","text":"持續不斷的稀釋性發行，股價什麼時候能漲上去？","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/363548129","repostId":1156451527,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3654303,"gmtCreate":1614204859329,"gmtModify":1680778204368,"authorId":3576720016133605,"author":{"id":3576720016133605,"idStr":"3576720016133605","authorId":3576720016133605,"name":"yang6533","avatar":"https://community-static.tradeup.com/news/7c5f49b14f4ce9a94a46b3d05668df1c","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":363548129,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"}],"langContent":"CN"},{"id":363036091,"gmtCreate":1614081547713,"gmtModify":1704887823711,"author":{"id":"3569362701803907","authorId":"3569362701803907","name":"LukeDMK","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3569362701803907","authorIdStr":"3569362701803907"},"htmlText":"sad","listText":"sad","text":"sad","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/363036091","repostId":1156451527,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":369545843,"gmtCreate":1614064505982,"gmtModify":1704887508477,"author":{"id":"3569454568159824","authorId":"3569454568159824","name":"yk95","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3569454568159824","authorIdStr":"3569454568159824"},"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/369545843","repostId":1156451527,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":369548049,"gmtCreate":1614064111881,"gmtModify":1704887503751,"author":{"id":"3574724399840291","authorId":"3574724399840291","name":"Bluefish","avatar":"https://community-static.tradeup.com/news/331df3ab3ccfe360e355f6cafc80b768","vip":1,"hat":"https://static.tigerbbs.com/4c5ceab71416b120bab4604c0754b52a","crmLevel":2,"crmLevelSwitch":1,"idStr":"3574724399840291","authorIdStr":"3574724399840291"},"htmlText":"Pump and dump&nbsp;","listText":"Pump and dump&nbsp;","text":"Pump and dump","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/369548049","repostId":1156451527,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":43,"commentSize":21,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1156451527"}