How Much Is Sundial Growers Really Worth? Sundial Growers Inc (NASDAQ: SNDL) is continuing for the top in the market this morning, following up on the recent gains that we’ve seen out of the stock.This is a real head … Tesla shares suffer in Friday's pre-market as reports of a fire at its Fremont factory. There's one company that's been of interest to Sundial Growers of late, and that's microcap cannabis stock Zenabis (OTC:ZBISF). With this latest performance, SNDL shares gained by 8.40% in over the last four-week period, additionally sinking by -51.05% over the last 6 months – not to mention a drop of -78.71% in the past year of trading. Over the nine-month period ending Sept. 30, 2020, Sundial reported net revenue of CA$47.1 million. In its most recent earnings report, Sundial dropped a small but significant hint that it could be a buyer or a seller in a potential transaction. Cumulative Growth of a $10,000 Investment in Stock Advisor, Is Sundial Growers Planning a Splashy Deal? It also does not guarantee that this information is of a timely nature. This sub is for redditors interested in Sundial Growers as a business or as a … 3 months SNDL MERGER 12/2 Reddit . The Horizons Marijuana Life Sciences ETF has jumped 78% during the same time frame. November 28, 2020 AlternativeFinanceNews.com updated one of its articles saying that a press release is expected December 2 with a possible announcement about a Sundial merger. The CFTC is investigating Binance on whether the exchange allowed U.S. residents to buy or sell derivatives as Binance isn't registered with the agency. Sundial Growers (NASDAQ:SNDL) Trading 5.3% Higher americanbankingnews.com - February 16 at 9:22 PM: Sundial Growers (SNDL) versus Its Peers Head-To-Head Contrast americanbankingnews.com - February 16 at 12:56 PM: Sundial Growers Inc.(SNDL) and Indiva Announce $22 Million Strategic Investment marketwatch.com - February 16 at 12:29 PM Zenabis says that prior to Sundial's investment, it was in discussions with its lender to get an extension on its CA$7 million debt repayment. UK GDP beat estimates with a drop of 2.9% in January. US Consumer Sentiment data is awaited. And the company has been busy since then, suggesting that something big could be on the horizon. | The Motley Fool With this news, and 2 days to the supposed press release they can squeeze the 39m share … NASDAQ:SNDL has had a year to remember, although for the past few weeks it has not been very memorable for shareholders of the Canadian cannabis company. The recent merger involving pot giants Tilray and Aphria is one of the largest deals that the industry has seen in a while. SNDL – DONT SLEEP ON IT SNDL – DONT SLEEP ON IT .39 cents late Black Friday sale!!! CALGARY, AB, Nov. 30, 2020 /PRNewswire/ - Sundial Growers Inc. (NASDAQ: SNDL) ("Sundial" or the "Company") provides an update on the elimination of its senior secured second lien … 253 votes, 130 comments. The high degree of leverage can work against you as well as for you. However, one stock has caught everyone’s attention, and that's Sundial Growers.The small-cap marijuana stock has risen 555 percent in 2021 alone. Some sources are claiming that news of a merger between Sundial and another company is forthcoming and may offer hope to the company. Sundial Growers Inc NASDAQ Updated Mar 10, 2021 12:59 AM. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. In a press release by Sundial Growers ($SNDL), the company and board of directors had authorized advisors and management that strategic alternatives need to be considered. Sundial Growers Inc. [SNDL] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -38.55. The crypto market saw an instant drop after the announcement, with BNB taking the biggest hit, down 10%. @themotleyfool #stocks $SNDL $ACB $HMLSF $TLRY $APHA $ZBISF, 3 Cannabis Companies Sundial Growers Could Buy for Cash Right Now. Tesla shares rebound from below $600 on March 5 to near $700. US yields are climbing once again, keeping the dollar bid. Zenabis contests the default and, in a statement issued on Jan. 6, says that "Sundial made such investment in an attempt to coerce Zenabis into being acquired by Sundial." Sundial Growers Inc (NASDAQ: SNDL) is headed for the top, following up on the strong gains the stock’s seen recently. EUR/USD is trading above 1.19, stabilizing as US yields are off their highs and the market mood is marginally better. EUR/USD stabilizes above 1.19 ahead of US consumer sentiment, GBP/USD unable to weather the dollar storm despite upbeat UK GDP, Canada Unemployment Rate drops to 8.2%, +259K Net Change in Employment, Crypto market tumbles as the CFTC reportedly opens investigation into Binance. Stock Advisor launched in February of 2002. While there has been no news or SEC filings from the company, with … 02/17/21 Sundial Growers regains compliance with Nasdaq minimum bid price rule 02/01/21 Robinhood raises $3.4B to continue investing in customer … SNDL Stock: WILL YOU MISS THE NEW SUNDIAL STOCK RALLY? However, since then, shares have settled down to approximately the same levels … Zenabis made a payment on that debt of CA$7 million on Dec. 31, 2020, but Sundial still issued it a notice of default. On Dec. 30, 2020, Sundial announced it had acquired a special purpose vehicle that at the time owned 58.9 million Canadian dollars worth of Zenabis's senior secured debt. Of course, following the bearish Feb. 8 article I wrote on SNDL stock, shares more than tripled in a few days. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. The stock price of Sundial Growers Inc (NASDAQ: SNDL) increased by 32.86% on Friday November 27 as it went from a previous close of $0.28 to $0.37 per share. However, that's just one example, and there could be other options out there, especially since an acquisition could be a quick way for a cannabis company to bolster its sales numbers and increase market share, potentially making it look more attractive to investors. Of course, following the bearish Feb. 8 article I wrote on SNDL stock, shares more than tripled in a few days. 46.0k members in the SNDL community. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. SNDL stocks went up by 170.97% for the week, with a monthly jump of 354.70% and a quarterly performance of 109.13%, while its annual performance rate touched -72.47%. Unlike other meme stocks like GameStop (NYSE:GME) or AMC (NYSE:AMC), Sundial actually took the opportunity it was given to raise capital through stock offerings and eliminate its debt. We analyse the SNDL stock and the whole weed stock FXStreet will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information. Sundial's stock is scorching hot right now, but buying based on a potential deal is very risky, as there's no telling who it could partner with and whether investors will view the terms of the transaction favorably. Is Sundial Growers Planning a Splashy Deal? SNDL 1.39 0.21 (17.80%). This sub is for redditors interested in Sundial Growers as a business or as a … Sundial Growers (NASDAQ:SNDL) has taken its shareholders on a wild ride over the past few weeks. Please read our privacy policy and legal disclaimer. A stock that has been absolutely on fire of late, Sundial Growers (NASDAQ: SNDL) has more than doubled since late January.This is a speculative cannabis company with a broad base of … After reaching highs of nearly $4 per share, the stock has sharply crashed back down to … Securities Registration (foreign Private Issuer) (f-3) Edgar (US Regulatory) - 3/3/2021 6:08:33 AM Report of Foreign Issuer Pursuant to Rule 13a-16 or 15d-16 (6-k) Edgar (US Regulatory) - 3/2/2021 7:41:32 … SNDL Stock Price Increases 32.86%: Why It Happened By Amit Chowdhry ? Here’s everything investors in SNDL stock need to know about the news. Questioning an investing thesis -- even one of our own -- helps us all think critically about investing and make decisions that help us become smarter, happier, and richer. NASDAQ:SNDL has … One issue Sundial may have is that Canadian cannabis companies just have not been able to compete in the American market as much as investors first believed. The volatility … One of these potential alternatives would be a Sundial merger … Sundial has an estimated 3% market share of Canada's industry, but a lot of that may be eaten up by the new mega company. It is an attractive characteristic of a company that is trading at such low price now, as the cannabis industry is expected to grow substantially with the new Biden Administration in the Oval Office. SNDL Stock News: Sundial Growers Inc gains as optimism buds on recent capital raise 11:43am, Monday, 22'nd Feb 2021 NASDAQ:SNDL continued its tumultuous week on Friday, as the small-cap … Post-Market 0.00 (0.00%) All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. In … However, one stock has caught everyone’s attention, and that's Sundial Growers.The small-cap marijuana stock has risen 555 percent in 2021 … GBP/USD is on the back foot, trading below 1.39. Now, with the … Sundial Growers Inc (NASDAQ: SNDL) is the perfect opportunity for this type of market … When management announced on Nov. 11, 2020, that Sundial was undergoing a "strategic alternatives review," it didn't specify whether it would be the buyer or seller in any potential deal, only that it will "ensure that all opportunities to maximize value are explored.". On Thursday, amidst a broader market selloff that has nearly wiped out all of the gains from 2020, Sundial Growers fell by 10.77% to close the day at $1.16, the stock’s lowest price level since early February. Sundial Growers Inc. (NASDAQ:SNDL) went down by -4.40% from its latest closing price compared to the recent 1-year high of $3.88. Post-Market 0.00 (0.00%) 253 votes, 130 comments. These are some of the … Market data powered by FactSet and Web Financial Group. In the stock market, there’s a term, “buy the rumor, sell the news,” that’s uttered often. Sundial will also collect a royalty under the agreement of between 2% and 3.5%, depending on the company's net cannabis revenue. Returns as of 03/12/2021. The volatility ratio for the week stands at 42.79% while the volatility levels … The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. The goal of the deal was to remove stipulations that would stop the company from reaching an acquisition or merger agreement, or another strategic transaction. Sundial Growers Inc NASDAQ Updated Mar 10, 2021 12:59 AM. Information on these pages contains forward-looking statements that involve risks and uncertainties. Opinions expressed at FXStreet are those of the individual authors and do not necessarily represent the opinion of FXStreet or its management. With this news, and 2 days to the supposed press release they can squeeze the 39m share short, and like not long ago - we could see .85 - 1.00 very quickly tomorrow or Tuesday Shares are now down over 70% since the 52-week high price of $3.96 which it hit just over two weeks ago after the peak of the r/WallStreetBets saga that rocked Wall Street. However, with only CA$110 million in cash reserves available just before buying Zenabis's debt, Sundial isn't sitting on a boatload of money and may not be in a strong enough financial position to make a big move. Biden's stimulus and vaccine acceleration are boosting the greenback. We analyse the SNDL stock and the whole weed stock On the date of publication, Sarah … The Unemployment Rate in Canada dropped to 8.2% in February from 9.4% in January and came in much better than the market expectation of 9.2%.