Aurora Cannabis Stock Is Under the Hammer; Here’s What You Need to Know

If anyone is looking for a successful cannabis story in 2020… look away now. Aurora Cannabis (ACB) continues its relentless search for the bottom as the long-awaited shift in sentiment has failed to materialize. Shares are once again under pressure and lost close to 70% year-to-date.The latest setback can probably be blamed on several pieces of underwhelming news. Last week, the Canadian cannabis producer provided investors with a business update and it is safe to say the news did not give long-term suffering ACB holders any cheer.In tandem with now expecting fourth-quarter net revenue to be down from the C$78.4 …read more

Source:: Yahoo Finance