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Why OrganiGram Stock Jumped 20% in May

Author Bio
Howard grew up in Philadelphia watching the Philly sports teams struggle for championships. He has been investing since 1989 and been a Fool since 2001. Prior to joining The Fool as a contract writer in 2019, Howard worked in the steel business as an engineer for 28 years. When he isn’t writing, he is usually out for a run, or relaxing to the music of the Grateful Dead.
What happened
May was a tale of two halves for
OrganiGram Holdings (NASDAQ:OGI). The cannabis company released surprising news at the start of the month that brought its share price down. But the stock ended May up by 20.9% for the month, according to data provided by S&P Global Market Intelligence. The sharp reversal was driven by some good news from a large partner, as well as positive developments for the cannabis sector in general. ....

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AMC & GME are Not the Only Reddit Penny Stocks to Buy According to Top Wall Street Analysts

If you’re looking for penny stocks to buy right now, I’m sure you’ve seen plenty of attention placed on social media, namely Reddit. The . ....

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OrganiGram's CEO Is Leaving: Newsworthy or Noise? | The Motley Fool Canada

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OrganiGram (TSX:OGI)(NASDAQ:OGI) has been a favourite pick of investors who have been watching cannabis stocks. Recently, OrganiGram has been in the purview of investors primarily for good reasons. The company’s surging stock price and ability to capitalize on value-added products has provided mostly positive stories over the past year.
However, of late, OrganiGram has been in the news. This time, the buzz is around CEO Greg Engel, “stepping away” from his designation in OrganiGram.
Indeed, the news has stirred some investors, as the stock plummeted by 5% following the news. However, I don’t think it is going to be that big of the deal moving ahead. ....

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Why OrganiGram Holdings Stock Jumped Today

Author Bio
Howard grew up in Philadelphia watching the Philly sports teams struggle for championships. He has been investing since 1989 and been a Fool since 2001. Prior to joining The Fool as a contract writer in 2019, Howard worked in the steel business as an engineer for 28 years. When he isn’t writing, he is usually out for a run, or relaxing to the music of the Grateful Dead.
What happened
Shares of Canadian cannabis company
OrganiGram Holdings (NASDAQ:OGI) jumped as much as 15% Friday. As of 3:10 p.m. EDT, shares remained up 11.9% on the day.
So what
The only company-specific news around OrganiGram came earlier this week when the company surprised investors with news that CEO Greg Engel will be leaving that role immediately and that his interim replacement is the board s chairman, Peter Amirault. Engel will remain as a special advisor to the board of directors during an undefined transition period. No reason was given for ....

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3 Popular Robinhood Penny Stocks Worth Watching

Author Bio
Keith began writing for the Fool in 2012 and focuses primarily on healthcare investing topics. His background includes serving in management and consulting for the healthcare technology, health insurance, medical device, and pharmacy benefits management industries.
Follow @keithspeights
You get what you pay for. That old adage is true with cars, houses, and any other thing you might buy including stocks. When something is cheap, there s usually a good reason why.
Of course, a low share price doesn t necessarily mean a stock is cheap. A high share price doesn t necessarily mean a stock is expensive, either. In many cases, penny stocks (which today include any stock with a share price below $5) are actually valued unattractively. ....

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