Is Sundial Growers Stock a Buy?
Would you want to invest in a stock that lost around 72% of its value since its market debut? Probably not, but hear me out. What if I told you that the same stock grew by more than 475% over the last three months?
Such is the case for the marijuana company Sundial Growers (NASDAQ: SNDL). Between its less-than-admirable performance since it went public in 2019 and its wild run-up in the last few months (driven by retail investor mania), it's easy to see how shareholders could get whiplash. So which way is Sundial going? To the moon, or back down to earth?
Source Fool.com