Aurora Stock Flatlining in July: Concerns Over Maturing Debt?
Aurora stock closed at $6.25 USD yesterday. At present, shares on down a further 1.84% on the NYSE. Cannabis's second-largest company by market cap is having a rough July; shares have lost 18.09% over the ... [Read]
Aurora Stock: Do We Place Too Much Weight on Analyst Opinion?
Last week, Aurora stock investors got a shock. The company received a downgrade from prominent BofA analyst Christopher Carey, who had previously been very bullish about Aurora Cannabis (TSX:ACB) (NYSE:ACB). The analyst moved his rating ... [Read]
Aurora Stock is Downgraded Despite Securing Major Order from Italy
On Thursday morning trade, Aurora stock slide by as much as 6% as Bank of America Merrill Lynch expressed concerns about the company’s cash burn and downgraded Aurora Cannabis (TSX:ACB) (NYSE:ACB) from buy to neutral. ... [Read]
Aurora Stock Jumps on Two New Licences from Health Canada
Aurora stock is gaining momentum as the broader cannabis sector is recovering from the recent correction. This morning, Aurora Cannabis (TSX:ACB) (NYSE:ACB) announced that it has received two licenses for outdoor cultivation from Health Canada. ... [Read]
Aurora Stock: Long Term Potential Due to a Strong CBD Market
Aurora stock has dropped 27% approximately since April and currently sells for $7.34 USD on the NYSE. In fact, Aurora Cannabis (TSX:ACB) (NYSE:ACB) shares have struggled to gain any meaningful traction since the end of 2017, ... [Read]
Aurora Stock Corrects from Highs: Why this May Not Be an Opportunity
Aurora stock has been under pressure over the past quarter as the broader cannabis sector is in the correction phase. Since the formalization of the cannabis industry following the legalization of the product in Canada ... [Read]
ACB Stock Moves Lower Despite Analyst Praising Its Cultivation Footprint
Canadian company Aurora Cannabis (TSX:ACB) (NYSE:ACB) is almost always in the news, usually because investors are either praising the company or scrutinizing it. And today, it looks like the market is doing both to ACB stock, ... [Read]
Aurora Stock Consolidates, Company Announces Product Expansion
Aurora stock has been falling since March as the broader cannabis sector is undergoing a correction phase. Aurora Cannabis (TSX:ACB) (NYSE:ACB) is the second largest cannabis company by market capitalization in the world, and when ... [Read]
Aurora Stock Down 2%: Does Aurora Need an Equity Partner?
Aurora Cannabis (TSX:ACB) (NYSE:ACB) is a head-scratcher for several reasons; one of the biggest ones is a lack of a major partner or equity investment. At present, Aurora stock is currently selling for $7.57 USD, down 2.32% ... [Read]
ACB Stock Hold: Stifel Analyst Warns Investors About the Future of Aurora
It's only June, but it has already been a mixed year for Aurora Cannabis (TSX:ACB) (NYSE:ACB). Despite ACB stock being up more than 50% in 2019, the cannabis stock has dropped around 30% from highs ... [Read]