From the link:
...TLRY had gained 37% until it was knocked down to a “mere” 13% gain in today’s action.
That hit on TLRY today is why I bring all this up now.
There is speculation TLRY’s drop was caused by fear that an expiration of the lock-up period on IPO insiders would bring on selling, a self-fulfilling prophesy if ever there was one but then most moves in the market usually are. With the exception of GWPH, the granddaddy stock in the sector, the rest of the stocks took hits in one way or another today along with TLRY.
It was on some news, profit-taking, whatever, but it was a hit in the leading sector on a market up day. That is an alert.
For more extensive comments and a chart panel:
MARIJUANA STOCKS - Highs in the weed stocks