U.S. stocks traded lower this morning, with the Nasdaq Composite falling over 150 points on Thursday.
Following the market opening Thursday, the Dow traded down 0.56% to 34,248.45 while the NASDAQ fell 1.13% to 13,316.35. The S&P 500 also fell, dropping, 0.87% to 4,363.78.
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.
Will New York cannabis regulators ever catch a break from lawsuits?
Not in the near future, it seems.
What happened: Large marijuana e-commerce platform Leafly Holdings (NASDAQ: LFLY)