Here's Just How Ugly Aurora Cannabis' Q3 Results Really Were
Some investors may have thought that Aurora Cannabis (NYSE: ACB) was ready for a strong rebound after Bank of America reinstated coverage of the stock in late April. But that bounce quickly fizzled. Others may have thought that the company's quarterly update would provide a spark. Don't count on it.
Aurora announced its fiscal 2021 third-quarter results after the market closed on Thursday. The Canadian marijuana stock plunged more than 10% in after-hours trading. Here's just how ugly Aurora's fiscal Q3 results really were.
Image source: Getty Images.
Source Fool.com