Sundial Growers Inc. (NASDAQ: SNDL) was trading 10% higher at $ 2.62 during press time in Friday’s pre-market session.
Shares of the Cannabis Company closed 19.3% lower on Thursday after hitting the 52-week high of $ 3.96.
Sundial remains the most talked about stock in Reddit’s WallStreetBets community, with a comment volume of 2,811 at press time, according to data from SwaggyStocks.
In addition to other cannabis stocks of high interest on WallStreetBets, Tilray Inc. (NASDAQ: TLRY) traded 5% higher at $ 33.77, while Aphria Inc. (NASDAQ: APHA) rose 5.75% to $ 17.85 per share.
Barstool Sports founder Dave Portnoy said he quickly made $ 50,000 on Thursday by getting in and out on Sunday.
The spillover effect of retail investor-led asset spikes is also seen in the cryptocurrency industry, with a little-known digital asset called The Graph skyrocketing 166% over a seven-day period at the time of going to press.
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