Why $RKDA Skyrocketed yesterday
Arcadia Biosciences, Inc.NASDAQ
Description
⋅ Why RKDA Skyrocketed yesterday
There does not appear to be any direct news from the company. But it seems like that there was some coordination by day traders on social media.
RKDA shares were buoyed — thanks to discussions stock trading groups on Twitter and Twitter hashtags, before the market opened.
Hemp/Pot play, Similar to TLRY move from $3 to $50 has monster upside once it launches.
Expect $20 + & a multi day runner
The other positive factor for the cannabis industry is the effort in Washington to decriminalize marijuana at the federal level.