IM Cannabis shares jump 12.17% intraday following cancellation of December 2025 special meeting.

IM Cannabis surged 12.17% intraday following the announcement of the cancellation of its December 2025 Special Meeting of Security Holders. The decision, disclosed on November 14, 2025, removed a near-term governance-related uncertainty that had been scheduled to address corporate actions. While the cancellation itself is neutral, the market may have interpreted it as a positive development by deferring contentious or disruptive shareholder discussions. This aligns with the stock’s intraday rally, suggesting investors viewed the delay as reducing short-term risk. Other recent news, including quarterly financial updates and strategic moves, were older and less directly linked to the timing of the price movement.