SPDR S&P 500 ETF Trust

284.85 0.00%

Profile

SPDR S&P 500 ETF Trust is an Exchange traded fund. The fund seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of the S&P 500® Index. The S&P 500® Index is composed of five hundred selected stocks. SPDR S&P 500 ETF Trust was founded on January 22, 1993 and is headquartered in New York, NY. http://www.spdrs.com

Exchange

NYSE Arca

Sector

Miscellaneous

Industry

Investment Trusts/Mutual Funds

Peer table

Ticker Description Price MC % 1D % YTD % 1M % 3M % 6M % 1Y % 2Y % 5Y
SPY 0.00 0.00 0.00 % 0.00 % 0.00 % 0.00 % 0.00 % 0.00 % 0.00 % 0.00 %

1 Peers

0.00 % 0.00 % 0.00 % 0.00 % 0.00 % 0.00 % 0.00 % 0.00 %

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News

The Week In Cannabis: Aphria's Earnings, New York's Decriminalization, Crapo's Support, Pirro's Involvement

New York Gov. Andrew Cuomo signed a bill to decriminalize cannabis use and expunge all criminal penalties for possession of 2 ounces or less of marijuana. Meanwhile, Sen. Mike Crapo (R-ID) came out in support of federal banking protections for state legal cannabis businesses, a federal court ordered the DEA to explain its delays in approving applications for cannabis research; Fox’s Jeanine Pirro joined the board of directors of SOL Global Investments Corp (OTC: SOLCF ) subsidiary HeavenlyRx; and top aides of the new UK Prime Minister Boris Johnson reportedly could hold the key to legalization in the country. On the markets front, Aphria Inc (NYSE: APHA ) took the stage as the stock spiked 30% following a favorable earnings report, including the first ever profitable quarter reported by any Canadian cannabis company. On the other end of the spectrum was CannTrust Holdings Inc (NYSE: CTST ), which saw its stock recuperate a bit after firing key execs following a massive licensing scandal, but still announced it would consider a sale of the entire company to a bigger player. “The misdeeds of some of the market's cannabis companies has weighed on the entire group,” said Debra Borchardt, CEO of Green Market Report. “CannTrust says it’s for sale now; but if the company loses its licenses, then really what is it worth?” If you want to get this news recap in your email inbox every week, please subscribe to https://tinyletter.com/javierhasse “It will probably end up being a fire sale for a bargain hunter and the shareholders are hurt because the company couldn't follow the rules,” Borchardt said.

Benzinga – 2019-08-04 12:30:06

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