Menu
Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Will Aurora Cannabis Stock Go to $0?


It's easy to be down on a stock like Aurora Cannabis (NYSE: ACB). The stock has fallen more than 60% in the past 12 months, while the S&P 500 is up 18% over the same period. The company continues to issue more shares, and is struggling to grow and stay out of the red. But for one analyst from GLJ Research to suggest that the stock is worth zero seems extreme, even if you're really bearish on pot stocks.

The stock has shown signs of life lately, coming off a fantastic month in November when it rallied close to 190%. Below, I'll take a look at whether this is the start of a new, more positive trend for Aurora or if it really is in danger of going to zero and investors should jump ship.

Image source: Getty Images.

Continue reading


Source Fool.com

Like: 0
ACB
Share

Comments