Gtii stock price resilience is notable

GTII stock price resilience is notable, recovering quickly from recent dips to $1. In the previous quarter of June 30, 2024, Green Thumb Industries Inc's ( XCNQ:GTII ) actual revenue was $389.48 million, which beat analysts' revenue expectations of $385.52 million by 1.03%. Green Thumb Industries Inc's ( XCNQ:GTII ) actual earnings were $0.13 per share, which beat analysts' earnings expectations of $0.07 per share by 78.57%. After releasing the results, Green Thumb Industries Inc ( XCNQ:GTII ) was down by -6.05% in one day. GTII’s trading is a rollercoaster: the share price trend sits 34% below its 50-day average, with daily volatility at a staggering 544% (that’s compared to the market’s 23%). Its beta of –3.16 means price swings have almost nothing to do with wider markets. Barely any analyst coverage, zero meaningful institutional ownership, and no short interest data to speak of — GTII’s price action is all about retail speculation, not fundamentals. GTII stock price has been trading above its VWAP during most sessions this week, an indicator of strong intraday buying support. Many scalpers utilize this as a bullish filter for short-term trades.