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SNDL Inc. Stock 22.55% Up Today

(VIANEWS) – The NASDAQ ended the session with SNDL Inc. jumping 22.55% to $2.50 on Wednesday, after two consecutive sessions in a row of gains. NASDAQ rose 0.23% to $16,277.46, following the last session’s downward trend on what was a somewhat up trend exchanging session today.

SNDL Inc.’s last close was $2.04, 13.56% under its 52-week high of $2.36.

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%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

SNDL Inc.’s EBITDA is -130.36.

Yearly Top and Bottom Value

SNDL Inc.’s stock is valued at $2.50 at 18:07 EST, higher than its 52-week high of $2.36.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, SNDL Inc.’s stock is considered to be overbought (>=80).

More news about SNDL Inc. (SNDL).

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