Aurora Cannabis stock drops after earnings, as pot sales miss revised target

in #cannabis5 years ago

The Edmonton, Alberta-based Aurora ACB, +3.34% ACB, +3.15% announced a fiscal fourth-quarter net loss of C$2.26 million on net revenue of C$98.94 million, with an adjusted Ebitda loss of C$11.7 million ($8.9 million).

Interesting article about Aurora Cannabis and their just released earnings numbers. Hmmm, looks like tomorrow will be another down day for the cannabis market all around. I sure hope that some of these stocks can hold recent lows and not start a new downtrend.....

Read the full story here...
https://www.marketwatch.com/story/aurora-cannabis-stock-drops-after-earnings-miss-2019-09-11?siteid=yhoof2&yptr=yahoo

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Hope it doesn't get to bad, i got a friend who works there.

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I think it'll be ok long term.

Thank´s for sharing

No problem.

Good luck if you have the stock, like I do. :(

Aurora Cannabis is down around 10% in after hours trading......

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