Why Curaleaf Stock Was So Buzz-Worthy Today
Investors were talking about -- and, crucially, buying -- shares of Curaleaf (OTC: CURLF) on the first day of the trading week. Monday saw the marijuana company's shares close more than 3% higher on news of inclusion in a prominent equity index. That rise was well higher than the 0.2% increase of the bellwether S 500 (SNPINDEX: ^GSPC) on the day.
Curaleaf was a topic of discussion and target for investment because it's ascending to the S/TSX Composite Index, considered to be the leading index for Canadian stocks (in addition to trading over the counter in the U.S., it is listed on the Toronto Stock Exchange). The move takes effect before market open on Monday, Sept. 22.
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Source Fool.com