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Stock impact report

Green Thumb Industries Inc. (GTBIF) Surges 22.3%: Is This an Indication of Further Gains? [Yahoo! Finance]

Evolus, Inc. (EOLS) 
Last evolus, inc. earnings: 2/25 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: us.evolis.com/investor-relations
Company Research Source: Yahoo! Finance
The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 15.4% loss over the past four weeks. The sharp upsurge in GTBIF's shares can be attributed to the DEA's reported decision to reclassify marijuana from Schedule I (reserved for drugs with a high potential for abuse) to Schedule III (reserved for drugs with a moderate to low potential for physical and psychological dependence) under the Controlled Substances Act. This regulatory shift is likely to have sparked investors interest for the cannabis stocks, as it may drive demand with lesser restriction. This company is expected to post quarterly earnings of $0.06 per share in its upcoming report, which represents a year-over-year change of +50%. Revenues are expected to be $271.03 million, up 9.1% from the year-ago quarter. While earnings and revenue growth expectations are important in evaluating the potential strength in a stock, empirical research shows a Show less Read more
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