ACB Stock Forecast: Aurora Cannabis extends downtrend ahead of September earnings call скачать в хорошем качестве

ACB Stock Forecast: Aurora Cannabis extends downtrend ahead of September earnings call

ACB Stock Forecast Aurora Cannabis extends downtrend ahead of September earnings call http://ntvforex.com/news/?id=92a4cc. . 5 minutes ago . By Stocks Reporter NYSE ACB fell by 1.98% on Friday as the stock continues to get battered. Investors remain bearish until Aurora can convince of financial improvements heading into 2021. NYSE ACB has a tall task on its hands as the cannabis company approaches its quarterly earnings call which presumably will happen at some point in September. Aurora has been bleeding money and earlier this year, investment bank Ello Capital only gave the firm a few more months of liquidity left before bankruptcy. While in hindsight that may have been a tad rash there remains serious concern about Aurora s long term sustainability. The stock price is now down to $9.41 per share or an 11% weekly decrease and a 52 week decrease of over 85%. It has been a steep downhill drop ever since Aurora executed a 1 for 12 reverse stock split back in May of this year. There ...