What does the future look like for Netflix (NASDAQ: NFLX)? In this clip from "The Rank" on Motley Fool Live, recorded on April 25, Motley Fool contributors Jason Hall and Matt Frankel discuss the state of the streaming giant and whether it would be a good fit for Berkshire Hathaway (NYSE: BRK. Read More...
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Why Aurora Cannabis, Canopy, and Sundial Stocks Popped on Friday
Canadian cannabis company Aurora Cannabis (NASDAQ: ACB) reported its fiscal third-quarter 2022 earnings last night, and in so doing, sparked a rally across the cannabis sector today. As of 1 p.m. ET, shares of Aurora Cannabis itself are already up 13%, and peer producers Canopy Growth (NASDAQ: CGC) and Sundial Growers (NASDAQ: SNDL) are benefiting as well — up 8.5% and 5.9%, respectively. Heading into Q3, analysts had forecast that Aurora Cannabis would lose $0.19 per share (0.25 Canadian dollars, and furthermore, this was a pro forma prediction) on sales of $41.5 million — about CA$53.7 million.
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