Why Aurora Cannabis Stock Plunged Today

Shares of Aurora Cannabis (NYSE: ACB) fell 11.8% on Tuesday after its business updates were poorly received by investors.  

Aurora said its fourth-quarter net revenue is likely to be between 70 million and 72 million Canadian dollars ($53 million to $55 million). That's down from CA$78.4 million in the third quarter and below analysts' estimates of CA$77 million. 

Aurora Cannabis' stock price fell sharply on Tuesday. Image source: Getty Images.

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Source Fool.com