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Top 3 Marijuana Stocks That Could Surge in 2024

The demand for cannabis is growing on a global scale. With legalization and
decriminalization happening all around the world, many analysts and investors
believe that marijuana will be a growing industry in the next decade. Get the
latest report on 3 pot stocks set to take off in 2024!



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July Stock Warning: Why Are AI Stocks Swinging?

Learn More Here



THE ELECTION SHOCK NOBODY EXPECTED... (BUT YOU'LL SEE IT COMING)

LEARN MORE HERE


WHAT'S GOING ON WITH BIORESTORATIVE THERAPIES STOCK?

Erica Kollmann
June 17, 2024

BioRestorative Therapies, Inc. (NASDAQ:BRTX) shares are trading higher Monday
after the company announced it has received notice from the Nasdaq Stock Market
that it has regained compliance with listing requirements. 

The Details:

BioRestorative Therapies reported a net loss for the first quarter of $2.2
million, or 33 cents per share, compared to a net loss of $7.2 million, or $1.93
per share, from the same period last year. The company reported a loss from
operations of $4.1 million, a 29% improvement from the $5.8 million loss from
operations for the comparable period of 2023. 

The company also reported it ended the first quarter with cash, cash
equivalents, and investments held in marketable securities of $16.4 million. 

BioRestorative Therapies shares are moving on heavy trading volume Monday
following the announcement. According to data from Benzinga Pro, more than 3
million shares have been traded in the session, compared to the stock’s 100-day
average of 2.014 million shares.

Related News: What’s Going On With Carnival’s Stock?


HOW TO BUY BRTX STOCK:

By now you're likely curious about how to participate in the market for
BioRestorative Therapies – be it to purchase shares, or even attempt to bet
against the company.

Buying shares is typically done through a brokerage account. You can find a list
of possible trading platforms here. Many will allow you to buy ‘fractional
shares,' which allows you to own portions of stock without buying an entire
share. For example, some stock, like Berkshire Hathaway, or Amazon.com, can cost
thousands of dollars to own just one share. However, if you only want to invest
a fraction of that, brokerages will allow you to do so.

In the the case of BioRestorative Therapies which is trading at $2.23 as of
publishing time, $100 would buy you 44.84 shares of stock.

If you're looking to bet against a company, the process is more complex. You'll
need access to an options trading platform, or a broker who will allow you to
‘go short' a share of stock by lending you the shares to sell. The process of
shorting a stock can be found at this resource. Otherwise, if your broker allows
you to trade options, you can either buy a put option, or sell a call option at
a strike price above where shares are currently trading – either way it allows
you to profit off of the share price decline.

BRTX Price Action: According to Benzinga Pro, BioRestorative Therapies shares
are up 18.4% at $2.19 at the time of publication Monday.

Image: PublicDomainPictures from Pixabay

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