Aurora Cannabis' Q1 Was a Dumpster Fire -- but Here's the Even Bigger Story
Two words sum up Aurora Cannabis' (NYSE: ACB) fiscal 2020 first-quarter results: dumpster fire. Aurora's share price sank during the day on Thursday even before the company reported its Q1 results after the market closed due to Canopy Growth's horrible quarterly update announced before the market opened. But as it turned out, that sell-off during normal trading hours wasn't pessimistic enough.
However, in addition to the horribly rotten results, Aurora announced something else Thursday evening that you shouldn't overlook. And it's arguably a bigger story than the Q1 dumpster fire.
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Source Fool.com
