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Home / Market Movers / Cannabis Stock Laggard: Marijuana Company of America Inc (MCOA) Sheds 9.47% at Midday on June 9

Cannabis Stock Laggard: Marijuana Company of America Inc (MCOA) Sheds 9.47% at Midday on June 9

Marijuana Company of America Inc (MCOA) had a tough morning trading session on June 9, declining more than most other peers in the directory of approximately 200 stocks we track in the cannabis industry with a slide of 9.47%. After closing the previous session at $0.0095, shares of MCOA opened this morning at 0.0095 and are trading at $0.0086 at the lunch break. So far, about 642,768 shares have changed hands, compared to an average 30-day volume of 1.77 million for Marijuana Company of America Inc. Shares moved as high at $0.0095 and as low as $0.0077 in AM trading action.

The share depreciation gives the company a market capitalization of $8.49 million based upon 893.84 million shares outstanding.

In the past 52 weeks, shares of Marijuana Company of America Inc have traded as low as $0.0002 and as high as $0.03. Technical traders will take note that at $0.0086, shares of MCOA are trading

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