Are Good Times Coming for Aurora Cannabis?
Once a favorite marijuana stock, Edmonton, Alberta-based Aurora Cannabis (NYSE: ACB) saw its worst days in 2019, with declining revenues, negative profitability, and a sinking leadership team eventually pushing its stock to the verge of being delisted. Its share price fell below $1, which is against the trading compliance of the New York Stock Exchange; it only saved itself via a reverse stock split.
This year, that stock split and its better-than-expected third-quarter results seem to be helping Aurora make a lot of noise.
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Source Fool.com
