Earnings Unsatisfied, SNDL Turns Red

$SNDL Inc(SNDL.US)$ 's Q3 earnings failed to meet market expectations. The company reported quarterly sales of $12.90 million which missed the analyst consensus estimate of $17.34 million by 25.61 percent. This is a 61.51 percent decrease over sales of $33.51 million the same period last year. The share price dropped 26.5% at the close of market.

Other Marijuana stocks also turned red. There are opinions that the market have calmed after previous stimulus brought by the election result.