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 busy month for Canadian cannabis company
Sundial Growers (NASDAQ:SNDL). It included quarterly results, an acquisition, and more meme stock mania. For investors watching the stock itself, the month seemed like a rollercoaster. Overall for the month of May, Sundial shares rose 12.3%, according to data provided by S&P Global Market Intelligence. But there were some extreme moves in both directions on the way to that outcome.
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 in Canadian cannabis company
Sundial Growers (NASDAQ:SNDL) initially jumped almost 10% Wednesday morning after the company reported its first-quarter earnings update last night. But after investors had more time to digest the results, the stock reversed course. As of 12:35 p.m. EDT, Sundial shares were down 2.7% on the day.