Shares of marijuana company Aurora Cannabis (NASDAQ: ACB) jumped 3% as of 3 p.m. ET on Monday. You can thank its competitor Tilray (NASDAQ: TLRY) for that. In a surprise announcement this morning, Tilray said it was able to cut so much cost from its reverse merger with Aphria last year that it ended up earning $6 million in its fiscal second quarter 2022 -- versus losing $89 million a year ago. Read More...
Motley Fool
Why Visa Stock Got Cut Up Today
For the fourth day in a row, shares of credit card giant Visa (NYSE: V) continued to decline on Monday, hitting a 3% loss as of 1:20 p.m. ET. You can blame Mizuho Securities for that. On Friday, you see, the Japanese banker downgraded shares of Visa stock from buy to neutral, and slashed its price target on Visa 14% to $220 a share, according to TipRanks.com.
