Why Marijuana Stocks Are Plunging Today

After notching two straight days of gains, on Wednesday marijuana stocks again obeyed gravity by falling Earthward.

The catalyst was a steep quarterly net loss from Aphria (NASDAQ: APHA), which not only pulled down that stock by 17% but also peers Aurora Cannabis (NYSE: ACB), Canopy Growth (NYSE: CGC), and Curaleaf (OTC: CURLF), down a respective 9%, 4%, and 3% in late afternoon trading.

Image source: Getty Images.

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Source Fool.com