+ 1.48
+ 0.43%
+ 4.85
+ 1.46%
+ 5.08
+ 1.23%
+ 2.03
+ 1.23%

Why Akerna's Stock Is Trading Higher Today

April 28, 2021 9:44 am
Share to Linkedin Share to Twitter Share to Facebook Share to Print License More
Why Akerna's Stock Is Trading Higher Today

Akerna Corp (NASDAQ:KERN) is moving higher on Wednesady morning after business intelligence from the company showed that April 20 had the highest retail cannabis sales ever recorded. 

Approximately $111.8 million was recorded in medical and adult-use sales on the unofficial cannabis holiday "4/20."

Financial Results: Akerna last reported financial results on March 22.

"In the December quarter we delivered strong financial results, with 38 percent software growth year over year and 36 percent sequential improvement in adjusted EBITDA," said CEO Jessica Billingsley.

Price Action: Akerna has traded as high as $11.49 and as low as $2.17 over a 52-week period.

The stock was up 3.4% to $4.50 at last check Wednesday.

For the latest in financial news, exclusive stories, memes follow Benzinga on Twitter, Facebook & Instagram. For the best interviews, stock market talk & videos, subscribe to our YouTube channel.

Related Articles

What the Viridian Acquisition and SAP Certification Means for Akerna

Enterprise resource platform (ERP) solutions are used to carry out the core processes needed to run a company — finance, manufacturing, HR, supply chain, services, and procurement, among others. Modern ERPs use advanced technologies, such as machine learning and artificial intelligence to provide efficiency across every aspect of a business. read more

'Texas And Louisiana Governors Signal They'll Sign Marijuana Reform Bills On Their Desks' -Marijuana Moment

https://www.marijuanamoment.net/texas-and-louisiana-governors-signal-theyll-sign-marijuana-reform-bills-on-their-desks/ read more

Cannabis Stocks Move To New Session Highs; Traders Circulate Word Bill In State Of Louisiana To Legalize Smokeable Medical Marijuana Is Moving To Governor's Desk; BZ NOTE: Senate Approved Bill Last Week

BZ NOTE On Recent Marijuana Moment Article On 'Bill To Federally Legalize Marijuana...': News From Friday Article Appears To Be About The Reintroduction Of An Amended Bill; Marijuana Moment Reported On Details Of Amended Bill Last Week

https://www.marijuanamoment.net/key-chairman-plans-to-file-revised-federal-marijuana-legalization-bill-in-house-as-early-as-next-week/ read more