Should Investors Buy or Sell Canopy Growth Right Now? [The Motley Fool]
Aurora Cannabis Inc. - Common Shares (ACB)
Company Research
Source: The Motley Fool
Should Investors Buy or Sell Canopy Growth Right Now? After this cannabis giant reported better-than-expected quarterly results, is now the time to buy it? The past few months have been tough for large-cap pot stocks. Some companies, such as Aurora Cannabis , have had significant layoffs in an attempt to get their losses under control. Canopy Growth ( NYSE:CGC ) has also had its fair share of difficulties. Between the departure of its longtime, iconic co-CEO, Bruce Linton, significant management team changes, and some startlingly high quarterly losses, Canopy Growth has lost much of its appeal over the past year. However, things might be turning around for Canopy. With the company reporting a better-than-expected third quarter, the worst may be finally over for this battered cannabis giant. Let's find out whether now's the right time to buy Canopy or whether the stock could still fall even further. Canopy reported net revenue of CA$123.8 million in fiscal Q3 2019, an almost 50% incr
Show less
Read more
Impact Snapshot
Event Time:
ACB
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ACB alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ACB alerts
High impacting Aurora Cannabis Inc. - Common Shares news events
Weekly update
A roundup of the hottest topics
ACB
News
- Aurora Marks First Shipment of Medical Cannabis to the New Zealand Market [Yahoo! Finance]Yahoo! Finance
- Aurora Marks First Shipment of Medical Cannabis to the New Zealand MarketPR Newswire
- Aurora Cannabis (ACB) Moves 46.0% Higher: Will This Strength Last? [Yahoo! Finance]Yahoo! Finance
- Canadian cannabis stocks spike as U.S. reportedly set to reclassify marijuana [MoneySense]MoneySense
- MSOS: Best Play On U.S. Cannabis Regulations [Seeking Alpha]Seeking Alpha
ACB
Sec Filings
- 5/1/24 - Form 6-K
- 3/1/24 - Form 6-K
- 2/16/24 - Form 6-K
- ACB's page on the SEC website