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Why Canopy Growth, Sundial Growers, and Aurora Cannabis Stocks Jumped Today

TheMotleyFool

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Why Canopy Growth, Sundial Growers, and Aurora Cannabis Stocks Jumped Today

The cannabis sector hasn't been a favorite among investors in recent months, but marijuana company Canopy Growth (NASDAQ: CGC) is helping to boost stocks in the sector today. At 11:47 a.m. ET, Canopy shares were up 16.4%, and the stocks of its Canadian peers Sundial Growers (NASDAQ: SNDL) and Aurora Cannabis (NASDAQ: ACB) were up 13.5% and 9.6%, respectively. That is welcome news for shareholders who have seen these stocks drop between 29% and 53% in the last six months.