Markets.com Logo

AKAN

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
    1.308$
  • Previous Close
    1.308$
  • 52 Week Change
    1.89$
  • Day Range
    0.00$
  • 52 Week High/Low
    0.9301$ - 2.8198$
  • Dividend Per Share
    --
  • Market cap
    2 981 K$
  • EPS
    -0.65
  • Beta
    1.61
  • Volume
    --

About

AKAN.US is the stock ticker symbol for Akanda Corp. Akanda Corp. is a medical cannabis company with operations and interests in Africa and Europe. The company focuses on cultivating and processing cannabis to supply the regulated medical cannabis market. Their activities include cultivation, manufacturing, and distribution of medical cannabis products. Investors track AKAN.US to monitor the company's performance and the overall health of the medical cannabis industry.
AVGO stock dropped 11% today: Why is Broadcom Inc stock going down?

AVGO stock dropped 11% today: Why is Broadcom Inc stock going down?

Frances Wang|--
RGTI stock is dropping: Where will Rigetti Computing be in 5 years?

RGTI stock is dropping: Where will Rigetti Computing be in 5 years?

Frances Wang|--
Gold Price Forecast: XAU/USD above $4,300, will gold price continue to rise?

Gold Price Forecast: XAU/USD above $4,300, will gold price continue to rise?

Frances Wang|--
NBIS Stock Outlook for 2026: What will be the future of Nebius Group?

NBIS Stock Outlook for 2026: What will be the future of Nebius Group?

Frances Wang|--
Commodity market today: Will Gold (XAU/USD) and Silver (XAG) hit new highs?

Commodity market today: Will Gold (XAU/USD) and Silver (XAG) hit new highs?

Frances Wang|--
RGTI stock crashed 7% today: what’s happening with Rigetti Computing?

RGTI stock crashed 7% today: what’s happening with Rigetti Computing?

Frances Wang|--
Gold price analysis: XAU/USD price today, how high will gold go in 2026?

Gold price analysis: XAU/USD price today, how high will gold go in 2026?

Frances Wang|--

Factors

The entire output should use the format provided. Drug Development Progress: Positive clinical trial results for AKAN's drug candidates typically drive the stock price up, while setbacks cause declines.

Regulatory Approvals: FDA approval of AKAN's products significantly increases the stock's value, reflecting potential revenue streams. Rejections have the opposite effect.

Market Sentiment: General investor optimism or pessimism towards biotech stocks can influence AKAN's price, regardless of company-specific news.

Financial Performance: Strong revenue growth and profitability improve investor confidence, leading to higher stock prices. Losses can decrease the price.

Competition: The emergence of competing drugs or therapies can negatively affect AKAN's potential market share and thus, its stock price.

Partnerships & Acquisitions: Strategic collaborations or potential acquisition deals often boost the stock price, signaling future growth or value realization.

Overall Economic Conditions: Broad economic downturns or recessions can negatively impact investor appetite for riskier assets like biotech stocks.

Company News & Announcements: Major announcements regarding new products, research advancements, or leadership changes influence investor perception and stock price.

Analyst Ratings & Reports: Positive ratings from financial analysts can attract investors, driving the price up. Negative ratings can lead to sell-offs.

Debt and Cash Position: A strong balance sheet with ample cash and low debt makes the company more attractive to investors. High debt can raise concerns.

People Also Watch

Latest news

ESMA Expansion Sparks Crypto, Fintech Slowdown Concerns in EU

Noah Lee|--

Bitcoin's 'Santa' Rally: Fed Rate Decision and 2026 Outlook

Noah Lee|--

Western Union Unveils Stable Card, Stablecoin Strategy to Combat Inflation

Liam James|--

Latest Education Articles

What does CFD mean in trading: How to start CFD Trading in 2026?

What does CFD mean in trading: How to start CFD Trading in 2026?

Ghko B|--
A Complete Guide to Cryptos: How to Invest in Crypto as A BEGINNER In 2026?

A Complete Guide to Cryptos: How to Invest in Crypto as A BEGINNER In 2026?

Ghko B|--
Contracts for Difference explained: What is CFD trading, how do CFDs work?

Contracts for Difference explained: What is CFD trading, how do CFDs work?

Ghko B|--