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Shares of Aurora Cannabis(NYSE: ACB) sank on Wednesday after analysts raised concerns that the popular marijuana stock's price gains may have come too far, too fast.
As of 3 p.m. EDT, Aurora's stock was down more than 12%.
Aurora's shares surged as much as 180% following the cannabis producer's better-than-expected third-quarter sales results on May 14. However, soon thereafter, multiple analysts began to question whether such a strong performance was warranted.