Aurora Cannabis' (NYSE: ACB) sizzling momentum appears to have fizzled. Aurora posted surprisingly strong fiscal 2021 Q3 results last week, but today's decline came after MKM Partners analyst Bill Kirk wrote to clients that the company isn't "out of the woods yet." No psychic skills were needed to predict that Aurora's stock couldn't continue to soar as it has over the last couple of trading days. Read More...
Why Aurora Cannabis Stock Tanked Today
Aurora Cannabis’ (NYSE: ACB) sizzling momentum appears to have fizzled. Aurora posted surprisingly strong fiscal 2021 Q3 results last week, but today’s decline came after MKM Partners analyst Bill Kirk wrote to clients that the company isn’t “out of the woods yet.” No psychic skills were needed to predict that Aurora’s stock couldn’t continue to soar as it has over the last couple of trading days.
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