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February 22, 2023
Green Thumb Industries Inc. is down to $8.43, after ending yesterday at $8.5. Overall, a 0.88% loss or 7.5 cents today.
United States FOMC Meeting Minutes is next today at 19:00 UTC.
Amid the market gloom, United States Existing Home Sales (Jan) came out at 4 million, while a consensus of analysts was expecting 4 million. United States 2-Year Note Auction released yesterday at 18:00 UTC with a figure of 4.673, while the previous figure was 4.139. United States Existing Home Sales released earlier showed a marked improvement to -0.7% from the preceding data of -2.2%, but fell short of the 2% figure forecast by a consensus of market analysts.
In the meantime, negative performances are also seen in other health care stocks as after closing the previous session (yesterday) at $152, AbbVie lost $1.71 and is trading around $150.29.
Positive performances can be seen by looking at other health care stocks as Eli Lilly and Company is up 0.79%. Medtronic gained 0.75%, currently at $86.14.
With markets struggling for positive sentiment, upcoming macro data could potentially attract buyers in the market as as things stand, upcoming United States Crude Oil Inventories data is projected to fall short of market expectations with newly published data of 1.17 million, following on from the preceding figure of 16.28 million. New data is set to be published tomorrow at 16:00 UTC. United States Initial Jobless Claims expected to decline to 200,000 while its preceding data was 194,000, data will be available tomorrow at 13:30 UTC.
Furthermore, United States GDP is expected tomorrow at 13:30 UTC.
Green Thumb Industries is now trading 33.65% below its 3-month high of $20.3.
