Aurora Stock Hovers Around Record Lows: A Good Opportunity?
Aurora Cannabis (TSX:ACB) (NYSE:ACB) may be the second biggest cannabis producer in the industry, but over the past twelve months, Aurora stock has collapsed dramatically. Although ACB stock has managed to recover somewhat in recent ... [Read]
Aurora Stock Recovers After Reporting Mixed Q2 Results
Over the past few months, Aurora Cannabis (TSX:ACB) (NYSE:ACB) has gone through a lot of trouble, and Aurora stock has been punished by the market as a result. The company’s fiscal second-quarter financial results confirmed ... [Read]
Aurora Stock Set for Further Losses Ahead of Earnings
Aurora stock looks set to extend its fall as Aurora Cannabis (TSX:ACB) (NYSE:ACB) prepares to release its Q2 earnings on Thursday following the bombshell news that it was to layoff approximately 500 staff and ring ... [Read]
Aurora Stock Tanks on CEO Departure and Major Layoffs
Aurora stock is tanking today after Aurora Cannabis (TSX:ACB) (NYSE:ACB) announced that it would lay off up to 500 staff members and the departure of its longtime CEO Terry Booth. Double Figure Drop in Aurora ... [Read]
Aurora Stock Tanks on Reports of 10% Lay-Offs to Improve Profitability
Aurora stock is taking a hit on Thursday on reports that Aurora Cannabis (TSX:ACB) (NYSE:ACB) might reduce its workforce by as much as 10%. Aurora Cannabis is one of the biggest cannabis companies, but like ... [Read]
Aurora Stock Pops on Third EU GMP Certification: What This Means
Aurora stock is making gains today after Aurora Cannabis (TSX:ACB) (NYSE:ACB) announced that it has received European Union Good Manufacturing Practice (EU GMP) certification for its Bradford, Ontario facility. EU Approval The EU approval of ... [Read]
With Aurora Stock Down 75% Last Year, Is It Too Big to Fail?
Valued at over $13 less than a year ago, Aurora stock has had a disastrous few months as it fell more than 75% in 2019. While the broader struggles of the market have led to ... [Read]
Aurora Stock Continues to Underperform on Growing Uncertainty
2019 was a highly disappointing year for cannabis stocks, but over the past few trading sessions, many of the stocks have rebounded. However, the same cannot be said about Aurora stock, which has continued to ... [Read]
Aurora Stock Sinks as Analysts Warn of Risks to Balance Sheet
Aurora stock is continuing its abysmal start to 2020 after analysts warned that Aurora Cannabis (TSX:ACB) (NYSE:ACB) is unlikely to meet its debt covenants on a C$360 million loan due August 2021. Analysts Slash Coverage ... [Read]
Aurora Stock Slips to New Low as Piper Sandler Sets $1 Price Target
2019 saw the unraveling of many of the biggest companies in the cannabis industry due to a range of sector-wide issues; however, the same cannot necessarily be said about Aurora stock. Aurora Cannabis's (TSX:ACB) (NYSE:ACB) ... [Read]