Why Aurora Cannabis Stock Is Still Going Down Today
It's been a rough week for investors in marijuana stocks, and for investors in Aurora Cannabis (NYSE: ACB) in particular. Aurora stock hasn't seen an up day since Monday, when the election results were mostly finalized.
Because Vice President-elect Kamala Harris had campaigned on a plan to decriminalize marijuana, and expunge the records of those with pot-related convictions, it was assumed Monday that the Democrats' victory would be good news for marijuana stocks such as Aurora.
But following several reports of bad news for the company, Aurora Cannabis stock is trading down for the third day in a row today, falling 4.5% through 11:50 a.m. EST.
Source Fool.com
