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Why Curaleaf Stock Is Crushing It Today

TheMotleyFool

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Why Curaleaf Stock Is Crushing It Today: https://g.foolcdn.com/editorial/images/828824/cannabis-leaf-in-front-of-persons-face.jpg

Shares of Curaleaf Holdings (OTC: CURLF) were jumping 13.2% higher at 11:11 a.m. ET on Monday. The big gain appeared to be due to continued momentum for the Connecticut-based cannabis company after it announced second-quarter results following market close on Wednesday, Aug. 6.

Since Curaleaf's Q2 update, its share price has soared more than 20%. The marijuana stock is up almost 180% since it announced the buyout of its minority partner in Curaleaf International.

But Curaleaf's Q2 update didn't seem all that great -- at least, not at first glance.

Source Fool.com