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home / news releases / ACB - Why Did Aurora Cannabis Stock Crash In May; Can It Recover?


ACB - Why Did Aurora Cannabis Stock Crash In May; Can It Recover?

  • Aurora Cannabis plunged 54% at the end of May.
  • This was due to an expensive bought deal offering that came even as the company boasted a net cash position.
  • Management has guided for positive adjusted EBITDA within 3 quarters.
  • The stock is cheap relative to Canadian peers.

For further details see:

Why Did Aurora Cannabis Stock Crash In May; Can It Recover?
Stock Information

Company Name: Aurora Cannabis Inc.
Stock Symbol: ACB
Market: NYSE
Website: investor.auroramj.com

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