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Iipr stock price the current iipr stock price is trading
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The current iipr stock price is trading near $89.50, marking a 2.1% gain in the last session as investors reacted to stronger-than-expected Q2 rental revenue. Analysts note improving fundamentals in the cannabis REIT sector, which could support mid-term upside momentum. Here's Why There Could be Plenty of Upside Left in IIPR Innovative Industrial Properties (IIPR) ended the recent trading session at $57.12, demonstrating a -1.4% change from the preceding day's closing price. The stock's performance was behind the S&P 500's daily gain of 0.52%. On the other hand, the Dow registered a gain of 1%, and the technology-centric Nasdaq increased by 0.52%. Technical outlooks suggest the iipr stock price could break its 200-day moving average within weeks, potentially triggering algorithmic buy signals for momentum funds.