3 Extremely Popular Stocks to Avoid Like the Plague in April [The Motley Fool]
Aurora Cannabis Inc. - Common Shares (ACB)
Company Research
Source: The Motley Fool
To be blunt, the past six weeks haven't been pretty for investors. Fear and uncertainty surrounding the spread of the coronavirus disease 09 (COVID-9) has squashed equities and sent the stock markettumbling into bear market territoryThen again, bear marketsare historically a good thingImage source: Getty Images.Unfortunately, not every company can be a winner. And when it comes to investing, it's important to remember that popular stocks aren't always profitable stocks.With this being said, here are three extremely popular stocks with investors that should be avoided like the plague in April (and beyond).Aurora CannabisMarijuana stockNYSE:ACBHowever, neither of these prognostications have come true or mattered for Aurora Cannabis, which has beennothing short of a dumpster fireAll told, Aurora's peak output has been slashed by more than 00,000 kilos per year (at least for now), and the company has landed no major partners.What's even worse than sales forecasts badly missing the mark is
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ACB
News
- 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, BRNS and EDUC among mid-day movers [Seeking Alpha]Seeking Alpha
- Is Aurora Cannabis Set to Take Off After Soaring 39% in the Past Month? [Yahoo! Finance]Yahoo! Finance
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