Can Aurora Cannabis Stock Make a Comeback?
The past year has been a tough one for Aurora Cannabis (NYSE: ACB) shareholders, and it doesn't seem to be getting any easier. The popular marijuana company saw its stock tank after reporting fiscal fourth-quarter earnings recently, and it's down by around 91% over the past 12 months.
Now that this company's market value has fallen to a fraction of its former size, Aurora Cannabis looks a lot more attractive to bargain bin shoppers. Can Aurora find a way to quit losing money and execute a comeback before its stock price tanks again? Let's weigh out some reasons to expect a comeback against reasons to avoid the stock.
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Source Fool.com