It doesn't come as a surprise anymore when Canadian cannabis grower Aurora Cannabis (NASDAQ: ACB) reports disappointing quarterly results. Driven by the rise in demand after legalization in Canada, Aurora went on an acquisition and expansion spree, burdening its balance sheet. Aurora's shares have dipped 80% in the last two years compared to the S&P 500's gain of 31%. Read More...
Motley Fool
Why Foot Locker Stock Crashed Today
Shares of Foot Locker (NYSE: FL) plunged 30% on Friday after the athletic apparel and footwear retailer warned of a sales decline in the coming year. Foot Locker’s sales rose 6.9% year over year to $2.3 billion in its fiscal 2021 fourth quarter, which ended on Jan. 29. “We made significant progress diversifying our brands, categories, and channels in 2021, as well as expanding our customer base across demographics and high-growth geographies,” CEO Richard Johnson said in a press release.
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