share_log

Cannabis Stocks Dip: How Rising Interest Rates Impact Your Portfolio

Benzinga ·  Oct 24, 2023 00:19

On Friday, cannabis stocks traded lower with the overall market.Marketfy analyst Michael Bergerwill be monitoring how the sector performs this week.

However, as he mentioned in his subscription product, Benzinga PotProfits (which can be found on marketfy.com), he is not surprised by the market weakness as interest rates continue to rise. In his view, this is a trend that readers should be aware of.

Some stocks to highlight from last week include:

  1. Canopy Growth (NASDAQ:CGC) ended the week on a down note and dropped almost 5%. Berger is cautiously following the Canadian cannabis company and will be...
The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
    Write a comment