Cannabis Watch: Aurora Cannabis rallies and lifts cannabis stocks after offering revenue guidance [MarketWatch]
Aurora Cannabis Inc. - Common Shares (ACB)
Company Research
Source: MarketWatch
Aurora Cannabis rallies and lifts cannabis stocks after offering revenue guidance Aurora Cannabis shares rallied as much as 14% and helped pull the cannabis sector higher Tuesday, with the recovery in broader markets following Monday’s rout adding to the move. The Dow Jones Industrial Average was last up 75 points, after losing 767 points Monday in the biggest one-day loss of 2019. The selloff came after China allowed its currency to rise above 7 yuan for the first time in a decade, after President Donald Trump announced tariffs on another $300 billion of Chinese imports. The U.S. responded by calling China a currency manipulator. Don’t miss: Why a falling Chinese yuan crushed the stock market and intensified the trade war Aurora’s stock ACB, +8.89% ACB, +5.48% rose after it issued guidance for its fiscal fourth quarter, even though the revenue forecast was “lighter than we/the Street modeled,” as Cowen analyst Vivien Azer described it. Aurora said it expects to deliver rev
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News
- Aurora Cannabis: Recent Performance Improvements Are Undeniable [Seeking Alpha]Seeking Alpha
- Why Aurora Cannabis Stock Dropped 12% Today [Yahoo! Finance]Yahoo! Finance
- Aurora Cannabis Achieves Australia's TGA GMP Certification, Setting Global Standard for Quality and Compliance [Yahoo! Finance]Yahoo! Finance
- Aurora Cannabis Achieves Australia's TGA GMP Certification, Setting Global Standard for Quality and CompliancePR Newswire
- Global Medical Marijuana Market Competitive Analysis 2024, Featuring Aurora Cannabis., Cannabis Sativa, CanniMed Therapeutics, Pfizer, Tikun Olam, Tilray Brands, VIVO Cannabis and More [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