Why Aurora Cannabis, Canopy Growth Corp., and Cronos Group Are Sinking Today [The Motley Fool]
Aurora Cannabis Inc. - Common Shares (ACB)
Company Research
Source: The Motley Fool
Canadian pot stocks are falling today in response to growing concerns about the overall health of the global economy. George Budwell ( TMFGBudwell ) Dec 6, 2018 at 9:20AM What happened Canadian pot stocks appear to be in for a particularly rough day today. As proof, shares of Aurora Cannabis ( NYSE:ACB ) , Canopy Growth Corporation ( NYSE:CGC ) , and Cronos Group ( NASDAQ:CRON ) all fell by at least 10% in pre-market trading this morning. What's the driving force behind this latest widespread sell-off in the cannabis space? Fortunately, Aurora, Canopy, and Cronos' shares aren't dropping in response to a company- or industry-specific event. No, these high-flying pots stocks appear to be falling victim to a host of macroeconomic and geopolitical concerns that are weighing on stocks in general today. Image source: Getty Images. S
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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