SNDL Inc. Already 5% Down, Almost Hour Before The Market Open

(VIANEWS) – The NASDAQ opens in less than hour and SNDL Inc.‘s pre-market value is already 5.73% down.

SNDL Inc.’s last close was $2.27, 3.81% below its 52-week high of $2.36.

The last session, NASDAQ ended with SNDL Inc. (SNDL) rising 3.18% to $2.27. NASDAQ jumped 0.03% to $16,253.96, after two successive sessions in a row of gains, on what was a somewhat bullish trend exchanging session.

About SNDL Inc.

SNDL Inc. engages in the production, distribution, and sale of cannabis products in Canada. The company operates through Liquor Retail, Cannabis Retail, Cannabis Operations, and Investments segments. It engages in the cultivation, distribution, and sale of cannabis for the adult-use and medical markets; sells wines, beers, and spirits through wholly owned liquor stores; and private sale of recreational cannabis through wholly owned and franchised retail cannabis stores. In addition, the company produces and distributes inhalable products, such as flower, pre-rolls, and vapes. It offers its products under the Top Leaf, Sundial Cannabis, Palmetto, and Grasslands brands. The company was formerly known as Sundial Growers Inc. and changed its name to SNDL Inc. in July 2022. SNDL Inc. was incorporated in 2006 and is headquartered in Calgary, Canada.

Earnings Per Share

As for profitability, SNDL Inc. has a trailing twelve months EPS of $-0.48.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -17.6%.

Moving Average

SNDL Inc.’s worth is way higher than its 50-day moving average of $1.43 and way above its 200-day moving average of $1.53.

Sales Growth

SNDL Inc.’s sales growth for the current quarter is 971.6%.

More news about SNDL Inc. (SNDL).

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