Aurora stock plunges 16% in third-worst trading day in the past three years [MarketWatch]
Aurora Cannabis Inc. - Common Shares (ACB)
Company Research
Source: MarketWatch
Aurora stock plunges 16% in third-worst trading day in the past three years Aurora Cannabis Inc. ACB, -16.48% ACB, -16.43% stock had its third-worst trading day in the past three years Monday, falling 16.4% to close at C$3. Aurora had its worst trading day in the past three years Friday, after the company's disappointing fiscal first-quarter earnings. Executives said last week Aurora had halted construction on a facility in Alberta and one in Denmark and planned to force the conversion of convertible debentures due in March, further diluting the stock. On Friday, analysts raced to cut their forecasts of the second-largest weed producer in Canada by sales . Aurora stock has lost more than half its value this year, as the ETFMG Alternative Harvest ETF MJ, -4.35% has fallen 36%.
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ACB
News
- 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, BRNS and EDUC among mid-day movers [Seeking Alpha]Seeking Alpha
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