2 Popular Stocks I'd Avoid Right Now [The Motley Fool]
Aurora Cannabis Inc. - Common Shares (ACB)
Company Research
Source: The Motley Fool
Following the crowd isn't always a good idea -- and that's as true in the investing world as it is anywhere else. Sometimes, a stock that's popular at one moment can turn out to be a dud business later. Investors who want to generate above-average returns over the long run shouldn't initiate a position in a stock simply because it is getting a lot of buzz.For example, considerAurora Cannabis(NASDAQ:ACBUber TechnologiesNYSE:UBERRobinhood MarketsThe case against Aurora CannabisMarijuana grower Aurora Cannabis has been plagued with problems for years, some of its own making and others caused by factors outside its control. Let's start with one issue in the latter category.Aurora and its peers in the Canadian market thought they had struck gold when cannabis was finally legalized there in late 08. However, regulatory authorities complicated things. For instance, the province of Ontario -- that country's largest by population -- implemented a complex lottery system for businesses to obtain
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High impacting Aurora Cannabis Inc. - Common Shares news events
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ACB
News
- Aurora Cannabis: Improved Financials, Limited Opportunity [Seeking Alpha]Seeking Alpha
- Aurora Cannabis Inc. (ACB) Suffers a Larger Drop Than the General Market: Key Insights [Yahoo! Finance]Yahoo! Finance
- Cannabis Beverages Global Strategic Business Report 2024: Market to Grow by $1.6 Billion by 2030 - Major Alcoholic Beverage Players Seek Role in the Market [Yahoo! Finance]Yahoo! Finance
- Green gold rush, Aurora Cannabis leads pot stock surge [BNN Bloomberg (Canada)]BNN Bloomberg
- CNN values your feedback [CNN]CNN
ACB
Analyst Actions
- 2/8/24 - CANACCORD
ACB
Sec Filings
- 3/1/24 - Form 6-K
- 2/16/24 - Form 6-K
- 2/8/24 - Form 6-K
- ACB's page on the SEC website