Greenlane Holdings Stock Soars 21.05% on Investor Enthusiasm

Before the BellFriday, May 30, 2025 6:24 am ET
1min read

On May 30, 2025, Greenlane Holdings' stock surged by 16.67% in pre-market trading, marking a significant uptick in investor interest and confidence in the company's prospects.

Greenlane Holdings has experienced notable volatility in its stock price, with a significant decrease of 99.91% over the past 52 weeks. The company's beta of 1.73 indicates that its price movements are more volatile than the broader market, suggesting that investors should be prepared for substantial fluctuations.

During Thursday's trading session, Greenlane Holdings' stock price showed an impressive increase of 21.05%, reaching $0.01. This surge highlights the company's potential for rapid growth and investor enthusiasm.

Greenlane Holdings has a substantial short interest, with 6.03 million shares representing 451.01% of the float. This high level of short interest suggests that there is significant bearish sentiment among investors, which could lead to further volatility in the stock price.

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