Why Sundial Growers Stock Rose 12% in May
What happened
May was a busy month for Canadian cannabis company Sundial Growers(NASDAQ:SNDL). It included quarterly results, an acquisition, and more meme stock mania. For investors watching the stock itself, the month seemed like a rollercoaster. Overall for the month of May, Sundial shares rose 12.3%, according to data provided by S&P Global Market Intelligence. But there were some extreme moves in both directions on the way to that outcome.
So what
Over the first three weeks of the month, Sundial…