Did Sundial Growers Hit It Out of the Park With Its Q3 Numbers?
Sundial Growers (NASDAQ: SNDL) has been a popular stock with retail investors this year. They were behind the company's rapid ascension in early February when its share price peaked at $3.96. Although the stock hasn't reached that price since then, this is the type of investment that can quickly rally on good news.
And last week, the company did appear to give retail investors something to rally about when it reported its latest earnings results. But was it really as good as the 28% jump in price on earnings day suggested it was, or were investors getting ahead of themselves?
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