Why OrganiGram Holdings Stock Rose Again Tuesday
The stock of Canadian cannabis company OrganiGram Holdings (NASDAQ: OGI) has had a stellar start to the week. Shares are up more than 12% since yesterday, including a gain of 5% today as of 3:15 p.m. EDT.
The company announced a new product launch today, but that likely doesn't explain the recent jump. The two-day gain in shares gets the stock approximately back to where it was prior to the announcement earlier this month that CEO Greg Engel was leaving that role immediately. His interim replacement is Board Chairman Peter Amirault.
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Source Fool.com
