Why Aurora Cannabis' Surge Last Week Evaporated
After Aurora Cannabis (NYSE: ACB) got clobbered for months on the market, the beleaguered Canadian marijuana stock bounced back last week. In fact, Aurora racked up big gains for several days in a row. Investors piled on, perhaps thinking that what they saw as a long-overdue rebound had finally arrived.
But then the rebound stopped in its tracks. Aurora's shares sank on Friday and floundered on Monday. Is this just a temporary pause, or is Aurora's surge really what's only temporary? Here's why Aurora Cannabis' surge from last week evaporated and what could happen next with the heavily followed marijuana stock.
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Source Fool.com
