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Why Curaleaf Stock Dropped Today
['Rich Smith']
The Motley Fool
Marijuana legalization may be coming, but does this make Curaleaf stock an automatic buy?
Curaleaf Holdings (CURLF -13.35%) stock, an over-the-counter traded, Stamford, Conn.-based cannabis company, tumbled 5.9% through 11:40 a.m.
It was this video that caused Curaleaf stock to spike yesterday, creating the profits that momentum traders are now removing from the table.
But here's the important part: There's no new bad news today that would otherwise prompt selling Curaleaf stock.
Is Curaleaf stock a sell?