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Cronos stock price soars after massive after-hours block trades - Business Insider

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Cannabis producer Cronos Group soars after a collection of huge block trades fueled a 43% overnight spike

jumped as much as 26% in early Thursday trading after a series of massive block trades boosted the stock overnight.

The company's stock soared as much as 43% in after-hours trading Wednesday following 810,000 share and 350,000 share trades at $8.40 per share, according to Bloomberg data. Two trades of 238,000 shares each followed soon after at $11.50 per share.The spike pushed other cannabis firms higher in Thursday trading. Aurora Cannabis jumped as much as 6.1% Thursday. Tilray jumped as much as 3%.Canada's "Cannabis 2.

 

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