Where Will Aurora Cannabis Be in 1 Year?
Aurora Cannabis (NYSE: ACB) was one of the most volatile stocks of 2020. As debates about whether or not the once-giant pot grower could face bankruptcy, its shares saw violent swings upwards of 60% and downwards of 70%. Over the course of 12 months, however, the stock managed to disappoint with a decline of 40% as of Feb. 22.
At this point, investors are probably feeling pretty anxious, and wondering if Aurora can indeed turn around its operations and finally produce a profit this year. Anything can happen. But there are more reasons than not why I still think a profitable year is a near impossible achievement.
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Source Fool.com
