Cannabis stocks saw some big bounces as the month came to an end. 55% of the 40 stocks tracked here rose in price, with 8 double-digit percentage gainers and 1 double-digit percentage loser. Stocks with volume above the 30-day average fell from 25% to 18%, with three stocks trading over $5mm in value. Six of the ten highest dollar-volume stocks rose in price as three traded above $1mm. The 420 Investor Marijuana Index increased from 33.14 to 33.88, reflecting a decline of 13.7% in 2016. The index began 2013 at 100, 2014 at 159, 2015 at 130.7, and 2016 at 39.25.
Stocks moving more than 5% on more than $500k in volume included none to the upside and Insys Therapeutics (INSY) to the downside.
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